Tangent
Chipotle’s stock is down 6.7% since the start of the year.
Key Background
U.S. consumers, namely those in the Midwest, have been on high alert for foodborne illness in recent weeks amid a cyclosporiasis outbreak in the region. Michigan reported the first two deaths of the outbreak Tuesday as cases climbed past 11,000 in the state. The illness is characterized by diarrhea, stomach cramps and fatigue. The cyclosporiasis outbreak in nine states has been linked to iceberg lettuce, with the Food and Drug Administration initially pointing to iceberg lettuce served at Taco Bell and supplied by Taylor Farms. The FDA later said the Taylor Farms link was rooted in a false positive test, though it has insisted there is “overwhelming epidemiological data” that supports the link between Taylor Farms and the outbreak.
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Further Reading
Michigan Reports 2 Deaths In Cyclosporiasis Outbreak (Forbes)