Chipotle Gets Blamed By Boston College Students As The Norovirus Toll Reaches 120

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Chipotle Mexican Grill
CMG
is getting its own outbreak as it recently was blamed by the students at Boston College. According to a new press release by Boston College, nearly all cases of the confirmed norovirus are related to students who ate at the Chipotle restaurant in Cleveland Circle during the past weekend. As of today, the number of people sickened from Boston's Chipotle location has rose to more than 120. Concerns continue to be expressed by both investors and analysts on the fast casual restaurant's valuation. Despite the worries, some analysts do believe that the restaurant chain's highly publicized public health problems are ephemeral and it will be poised to bounce back to its winning ways, making the stock an excellent bargain. Other analysts are still weary that the announcement of even more food-borne illness outbreaks from last week, will place the Chipotle in a detrimental crisis and the stock will only continue to plummet. CMG's shares are down by 11.5% this past month since the outbreak of the norovirus that has rapidly spread from two states to now nine and has affected more than 50 people. Chipotle's shares fell 6.47% this year before October 31 when health authorities initially reported E. Coli victims linked to a meal at a Chipotle restaurant. According to a statement from Chipotle, "We do not have any evidence to suggest that this incident is related to the previous E. coli incident. There are no confirmed cases of E. coli connected to Chipotle in Massachusetts."
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