McDonald’s scrambled on Wednesday to contain the damage from an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others, as it pulled the menu item from restaurants across a dozen states.The outbreak has sickened people across the US West and Midwest, with 10 hospitalized due to serious complications, according to the US Centers for Disease Control and Prevention (CDC), which is investigating the outbreak.A McDonald’s spokesperson said the outbreak is limi ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

McDonald’s yanked Quarter Pounders at roughly one-fifth of its US locations after a deadly E.Coli outbreak was linked to the popular burger, the company said Wednesday. Federal agencies announced Tuesday that one person had died in Colorado and 49 others were sickened in 10 states across the Midwest and WestThe nation’s largest fast-food chain said Wednesday that it is confident the culprit of the outbreak were slivered onions atop the Quarter Pounder. 3 McDonald’s has yanked Quarter Pounders in states w ...

Key TakeawaysMcDonald's stock fell Wednesday, a day after the CDC announced it had linked an E. coli outbreak to the chain's Quarter Pounders.However, analysts said they think the impact on the fast-food giant's stock and sales likely will be short-lived.Analysts said McDonald's is better equipped to handle supply-chain shifts than companies that endured other outbreaks, like Chipotle in 2015. Analysts believe any impact from a recent E. Coli outbreak to McDonald's (MCD) sales and stock price likely will be ...

A map from the Centers for Disease Control and Prevention shows the states in which people have fallen ill after eating McDonald’s Quarter Pounder burgers and contracting E. coli.An outbreak of E. Coli that sickened 49 people and killed one across 10 states was first linked to the Golden Arches’ famous hamburgers on Tuesday evening.Colorado and Nebraska are the states with the highest number of confirmed cases. At least 26 people have fallen ill in Colorado, including one older adult who died, the CDC said. ...

McDonald's Corporation (MCD) has gained 24.2% in the past three months, outperforming the Zacks Retail - Restaurants industry, the Zacks Retail-Wholesale sector and the S&P 500 Index, which rose 20.4%, 10.7% and 7.4%, respectively.Image Source: Zacks Investment ResearchThe company is benefiting from its focus on enhancing customer experiences through its 4D Growth strategy and increased global franchise units. This, alongside an effective capital allocation strategy, has added to the uptrend, given its focu ...

McDonald’s shares plunged as much as 6% Wednesday after an outbreak of E. coli that sickened almost 50 people and killed one was linked to the Golden Arches’ famous Quarter Pounder hamburgers.The largest burger chain in the world saw its shares drop from $314.70 a share at Tuesday’s closing to $299.61 a share by late Wednesday morning.“This public health scare is the last thing McDonald’s needs given that it’s already been struggling to drive growth,” said Susannah Streeter, head of money and markets at Har ...

McDonald's Corp (NYSE:MCD) stock is down 6.6% to trade at $293.94 at last check, after the U.S. Centers for Disease Control and Prevention (CDC) linked an E. coli outbreak to the fast food company's Quarter Pounder burgers. The incident resulted in 10 hospitalizations and one death, according to the health agency. In response, Guggenheim cut its price target to $285 from $290.Shares are on track for their worst day since March 2020 and third-straight daily drop, as they pivot lower from their Oct. 21, recor ...

McDonald’s (NYSE: MCD) stock price is crashing amid an E. coli bacteria outbreak with reported hospitalizations and deaths. Finbold turned to Perplexity Online AI for real-time web insights and a price prediction for McDonald’s stock as things develop.According to multiple sources, the E. coli outbreak is related to one of McDonald’s flagship products, the Quarter Pounder burger. In particular, The Kobeissi Letter highlighted an over 10% crash right after the news, with ten hospitalizations and one death.BR ...

Key TakeawaysShares in McDonald’s slumped 6% in extended trading on Tuesday after health authorities said they were investigating an E. coli outbreak possibly linked to the fast-food chain’s Quarter Pounder burgers.The projected news-driven drop may lead to a retest of a prior 16-month trading range before the stock potentially continues its longer-term uptrend.investors should watch important retracement levels on the McDonald's chart around $300, $280, and $260.The measuring principle, which calculates th ...