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Sweetgreen Pares 26% Drop as Parasite Tied to Taco Bell Lettuce

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Sweetgreen Pares 26% Drop as Parasite Tied to Taco Bell Lettuce Sweetgreen Inc. shares surged on Friday, halting a four-day skid, after US regulators said a parasite outbreak that’s sickened thousands across several states was traced to shredded iceberg lettuce served at Taco Bell restaurants. The quick-service salad chain’s stock rose as much as 21% as of 11:55 a.m. in New York for its biggest intraday gain since August 2024. The move pares the stock’s 26% slump from Monday through...

Sweetgreen Pares 26% Drop as Parasite Tied to Taco Bell Lettuce Sweetgreen Inc. shares surged on Friday, halting a four-day skid, after US regulators said a parasite outbreak that’s sickened thousands across several states was traced to shredded iceberg lettuce served at Taco Bell restaurants. The quick-service salad chain’s stock rose as much as 21% as of 11:55 a.m. in New York for its biggest intraday gain since August 2024. The move pares the stock’s 26% slump from Monday through Thursday’s close.
Sweetgreen Pares (PERSON) Taco Bell Lettuce (ORG) Taco Bell Lettuce Sweetgreen Inc. (ORG) US (LOCATION) Taco Bell (ORG) New York (LOCATION)
Originally published by Bloomberg Markets Read original →