Fast food restaurant stocks fall after FDA issues new cyclospora alert
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Price: $32.20 -3.36%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
Revenue Growth %: +7.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
Revenue Growth %: +7.4%
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Investing.com -- Shares of several restaurant chains declined Wednesday following a Food and Drug Administration alert about a new cyclospora outbreak.
Sweetgreen fell 10.4%, while Chipotle dropped 3.5%. Cava decreased 2%, and Yum! Brands, the parent company of Taco Bell, slipped 0.7%.
The FDA stated it has not yet identified the product linked to the latest cyclospora event.
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