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Chipotle stock dips nearly 9% after jalapeño-Salmonella outbreak.

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Chipotle stock dips nearly 9% after jalapeño-Salmonella outbreak.

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20 segments

0:00

pulling jalapenos from some Minnesota

0:02

restaurants. The peppers may be linked

0:04

to a salmonella outbreak that has

0:06

sickened about 110 people. Company says

0:09

it's proactively removed the suspected

0:11

peppers.

0:12

>> Yeah. Remove their jalapeno peppers that

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might have been impacted and now

0:15

provided it from another producer. So,

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they changed it out acknowledging that

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they're working with CDC on this one.

0:21

Stock reaction that we saw was quite

0:22

dramatic. You can see right when the

0:24

company put out that release right here,

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you saw the stock just fall

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dramatically. Stock now down as we make

0:29

our way towards the close, really

0:31

offsetting those results that we just

0:33

got last week. And now this is another

0:35

food outbreak.

Interactive Summary

Restaurants in Minnesota are pulling jalapeno peppers from their menu due to a potential link to a salmonella outbreak affecting approximately 110 people. The company is collaborating with the CDC and has sourced new peppers from a different producer, though the news caused a significant drop in their stock price.

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