Mcdonald’s Containing E. Coli Outbreak Fallout

McDonald’s shares fell 5% after the company withdrew burgers from 20% of its US restaurants following an outbreak of E.Coli. Although the company said it was too early to determine the outbreak’s impact on sales, it pledged to take “swift and decisive action” and is working with the CDC to identify the source of the illnesses. McDonald’s believes the contamination stems from a supplier, not from food preparation issues at its restaurants. The CDC has warned that the true number of people infected could grow in the coming weeks as an investigation unfolds into the source of the E.Coli.

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