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RE: LeoThread 2024-12-04 16:59

in LeoFinance8 days ago

Part 2/8:

Investing in restaurant companies amid food safety scandals has proven to be a profitable strategy, as evidenced by Chipotle Mexican Grill. Between 2015 and 2018, Chipotle faced multiple outbreaks of E. coli and salmonella, which initially caused its stock to plummet by 66%. However, over the years that followed, its value skyrocketed, increasing more than tenfold. A similar narrative of recovery was seen in the aftermath of the notorious 1993 E. coli outbreak at Jack in the Box, which saw a massive 70% drop in stock prices but later recovered with a 500% increase in value over five years.

Understanding the Recent Outbreak