Chipotle Drops 9% After Pulling Jalapeños Possibly Linked To Salmonella Outbreak In Minnesota

Chipotle fell about 9% after removing jalapeños it said may be linked to a salmonella outbreak in Minnesota. The company noted the outbreak “impacting several food service retailers,” though it said it wasn’t clear what other restaurantes could be affected. The shares were down 6.7% since the start of the year prior to the latest move. The background includes heightened concern among U.S. consumers in the Midwest due to a cyclosporiasis outbreak, where Michigan reported the first two deaths Tuesday as cases passed 11,000 in the state. Cyclosporiasis across nine states has been tied to iceberg lettuce, initially linked by the FDA to iceberg lettuce served at Taco Bell and supplied by Taylor Farms, though the FDA later said the Taylor Farms link stemmed from a false positive test while maintaining there is “overwhelming epidemiological data.”