E. Coli Outbreak Impacting McDonald's

An E. coli outbreak linked to McDonald's quarter pounder has resulted in a significant decline in the fast-food chain's stock, dropping nearly 10%. The outbreak has affected 49 people across 10 states, with one reported death and multiple hospitalizations, primarily in Colorado and Nebraska. The CDC suggests that slivered onions are likely the source of contamination, prompting McDonald's to remove the quarter pounder from its menu in impacted areas while continuing to investigate. Analysts draw comparisons to past food safety incidents, noting that recovery and consumer confidence may take a substantial period, affecting the company's financial performance moving forward.