Reported about 1 month ago
McDonald's stock has dropped 5% following an E. coli outbreak linked to its Quarter Pounder burgers, affecting customers in 10 states. While some investors might remember Chipotle's recovery from a similar crisis, McDonald's unique business model, which relies heavily on franchising, and its strong dividend history suggest cautious holding is more prudent. Analysts advise that the uncertainty surrounding the outbreak could impact McDonald's stock, and investors should wait for further developments before making any decisions.
Source: YAHOO