McDonalds stock plummets on poisoning news

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Source: Dukascopy Bank SA


The stock price of McDonald's has plummeted mora than 7.00% at the start of Wednesday's trading due to fundamental news. It has been reported by news outlets that an E. coli outbreak and the death of one person has been linked to McDonald's Quarter Pounder burgers.

Note that these news have come exactly a week before the company is set to reveal its earnings. On October 29, before the market opens, the firm will announce its quarterly financial results.
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