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Chipotle shares take another hit after Boston College athletes fall ill
They all had eaten at the Chipotle restaurant in Cleveland Circle over this past weekend.
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Estimates indicate that more than 20 Boston College students could be infected.
– Chipotle shares extended their slide Monday after the company said an E. coli outbreak is expected to lead to its first sales decline since going public in 2006.
We can confirm there have been reports of gastrointestinal illness involving Boston College students.
Kami Mattioli of Sporting News added that Chipotle will shut down the restaurant at Cleveland Circle while an investigation into the illnesses takes place.
In after hours trade shares of Chipotle were down as much as 5%.
Chris Cameron, a spokesman for the school’s athletics department, said at least eight basketball players reported gastrointestinal symptoms overnight Saturday. Chipotle has been linked to E. coli across the country in various cases this year.
Federal health investigators on Friday said the E. coli outbreak linked to Chipotle had expanded to nine states, with 47 of the 52 people sickened having reported eating at the chain.
In a filing with the Securities and Exchange Commission, Chipotle said sales have been “extremely volatile” since it closed restaurants in OR and Washington in early November as a result of the outbreak.
The time between ingesting E. coli bacteria and feeling sick is usually 3 to 4 days, but may be as short as 1 day or as long as 10 days, according to the U.S. Centers for Disease Control and Prevention.
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Chipotle has said it planned to tighten its food standards.