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Sweetgreen Shares Drop to Three-Month Low Amid Cyclosporiasis Outbreak Concerns
2 sourcesFirst reported 5 days agoUpdated 5 days ago
Left 100%
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What all sources covered
- Sweetgreen Inc. shares have fallen to a three-month low as fears over a cyclosporiasis outbreak spread.
- The stock has lost more than 25% of its market value in four days amid investor concerns.
- Cyclosporiasis is an intestinal infection linked to contaminated raw produce and water that has affected thousands in the U.S.
- Data indicates a decrease in foot traffic to salad chains, although some customers continue to visit despite the risks.
2 sources
Who reported first
BloombergFirst
Wired+55m
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