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Coli cases linked to Chipotle rises to 40

While most people who have contracted this strain of E. coli admit to eating at a Chipotle restaurant, not all of them have. As of December 31, 2012, the Company operated 1,410 restaurants, including Chipotle restaurants throughout the United States, as well as five in Canada, five in London, England, and one in Paris, France, and also one ShopHouse Southeast Asian Kitchen, a restaurant in Washington, D.C. Chipotle categorizes its restaurants as either end-caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free-standing or other. DNA “fingerprinting” is performed on E. coli bacteria isolated from ill people by using a technique called pulsed-field gel electrophoresis, or PFGE. “They’re being very responsible in their actions in response to the cases that have been reported”. They’re trying to determine if there was a menu item in common.

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In Oregon, the ages of people involved in the outbreak range from 11 to 61 years old. The New York-based fund Cim Llc disclosed it had acquired so far a stake worth about 3.8% of the investment professional’s stock portfolio in Chipotle Mexican Grill. “We’re still looking at everything, but from what we’ve heard from the people who got sick the produce seems the most probable source”. It’s also possible the full extent of the outbreak has not been discovered. “We’re really relying on working closely with Chipotle”, said Dr. Katrina Hedberg, Oregon’s state epidemiologist. According to the analyst’s rating this now indentifies they believe there is a potential increase of 9.48% from Chipotle Mexican Grill, Inc.’s current stock price of 616.55. Even if health officials decide onions are the culprit, for example, that doesn’t mean the onion farm is to blame. Washington is expected to issue an update later on Tuesday. Others found themselves out of luck at the Chipotle on the PSU campus. In California, health workers said norovirus sickened nearly 100 customers and employees at a Chipotle restaurant in Simi Valley in mid-August. “We are targeted in those efforts by the information our public health partners obtain”. The stock closed last trading session at $12.19, up by 0.08%, with a volume of 4,193,076 shares compared to an average volume for the last 3 months of 6,548,120.

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Meantime, a Chipotle spokesperson, Chris Arnold stated that it was sanitizing all restaurants fully, testing various batches of ingredients, replacing all food, and helping the investigators. While that may be good for nutrition, experts say it raises the risk of foodborne illness because cooking kills pathogens that cause illness.

Oversold Stocks To Watch: Chipotle Mexican Grill Inc (NYSE:CMG), EverBank