Chipotle slumps 9 percent after Ohio outlet linked to food poisoning complaints

Another Chipotle Is Closed After Customers Complain of Getting Sick

According to the website, three reports were made on July 29 and July 30, indicating that at least nine customers fell sick after eating at the Powell location. Customers detailed various symptoms including vomiting, nausea and fever. Diversified Restaurant is trading at a lower price-to-earnings ratio than Chipotle Mexican Grill, indicating that it is now the more affordable of the two stocks.

Diversified Restaurant Holdings, Inc., a restaurant company, operates Buffalo Wild Wings franchised restaurants in the United States. Royal Bank of Canada lifted their target price on shares of Chipotle Mexican Grill to $340.00 and gave the stock a "market perform" rating in a research note on Tuesday, April 17th.

She also noted that it was an "isolated incident at one restaurant in, Powell, Ohio". Additionally, health officials tell the website that Chipotle reported that two to five employees called off work due to illness on Sunday and Monday.

"We take all claims of food safety very seriously and we are now looking into a few reports of illness at our Powell, Ohio restaurant", Schalow said, per Business Insider.

Chipotle voluntarily closed the Sawmill Parkway location Monday.

The Delaware General Health District and the fast casual Mexican grill continue to investigate. Chipotle is not giving away $100 gift cardsChipotle closing up to 65 locations as part of restructuring In total, health officials said they received 368 inquiries related to possible food borne illness stemming from the Chipotle location.

Diversified Restaurant has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500. The restaurant was shut down on Monday after an investigation was launched, but it's expected to reopen Tuesday afternoon. After Chipotle's public-health troubles in 2015 and 2016, the company "brought in a number of top food safety people" to address its issues, he added.

Addressing food safety concerns is among the top priorities for Chipotle Chief Executive Officer Brian Niccol, who took the helm in March.

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