McDonald’s slump as CDC says E. coli outbreak linked to burgers led to one death

investing.com 22/10/2024 - 20:40 PM

McDonald's Stock Drop

Investing.com — McDonald’s fell in after-hours trading Tuesday after the Centers for Disease Control and Prevention (CDC) reported an E. coli outbreak linked to McDonald’s Quarter Pounder burgers, resulting in one death and 10 hospitalizations across multiple states.

McDonald’s Corporation (NYSE: MCD) saw a 9% decline in after-hours trading following this news.

The CDC stated, “Most sick people are reporting eating Quarter Pounder hamburgers from McDonald’s,” and noted that as many as 49 cases had been identified across 10 states.

In response, McDonald’s has withdrawn ingredients for these burgers, which will not be available for sale in some states, according to the agency.




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