StocksAug 6, 2026, 6:18 PM

Chipotle Extends Weekly Losses to 12% on Jalapeno Salmonella Alert

Chipotle shares have fallen 12% this week after the company announced a possible link between its jalapeno supply and a salmonella outbreak.

CMG

Chipotle Mexican Grill ($CMG) disclosed that its jalapeno supply may be connected to a salmonella outbreak. Following the announcement, the stock extended its weekly decline to -12%.

The news reignited food safety worries around the fast-casual chain, pressuring the share price further. The weekly drop reflects a sharp reversal in investor sentiment.

Source: The Kobeissi Letter

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