Chipotle Shares Drop Amid New Food Safety Issues At LA Restaurant
The company Chipotle Mexican Grill saw a drop in its shares Wednesday after a few customers complained of stomach-related illnesses after dining out at a Chipotle restaurant in Pico Boulevard, Los Angeles recently.
The price of the shares was holding steady throughout yesterday till news of the illnesses surfaced online in the afternoon, causing it take a nosedive. Almost immediately there was a three percent drop in the share price and it ultimately closed as at a negative 4.63 percent at $298.67, according to New York Stock Exchange.