Chipotle shares slide after jalapeños pulled in salmonella probe
-9.72% to $33.82 from $37.46
What moved CMG
- Shares fell as much as 10% intraday, the stock’s sharpest decline since October 2025.
- Minnesota’s Department of Health identified 110 outbreak cases; 75 of 84 people interviewed reported eating at Chipotle between June 14 and July 14.
- Chipotle pulled jalapeños from its restaurants and switched to a different grower after using its ingredient-traceability system to trace the peppers to a common lot.
- The reaction reflects lingering investor sensitivity to Chipotle’s history, which included at least five separate foodborne-illness outbreaks between 2015 and 2018.
Sources: The Motley Fool · CBS News · NBC News · Yahoo Finance