Sweetgreen Shares Slide to Three-Month Low on Cyclosporiasis Outbreak Fears
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Sweetgreen Inc. has lost more than a quarter of its market value in just four days as investors dump the stock due to fears about outbreak of cyclosporiasis — an intestinal infection caused by parasites in raw produce and water that has sickened thousands across the US.
The outbreak has raised significant concerns among investors, leading to a sharp decline in Sweetgreen's stock price.
Sweetgreen
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“Sweetgreen Inc. has lost more than a quarter of its market value in just four days as investors dump the stock due to fears about outbreak of cyclosporiasis — an intestinal infection caused by parasites in raw produce and water that has sickened thousands across the US.”
Bloomberg — Sweetgreen Shares Slide to Three-Month Low on Cyclosporiasis Outbreak Fears