McDonald’s shares plunge on investor panic over E. coli outbreak

McDonald's stock fell as much as 6% Wednesday following an E. coli outbreak linked to the Golden Arches' famous Quarter Pounder burger that sickened about 50 people and killed one. Shares of the world's largest hamburger chain fell from $314.70 per share at Tuesday's close to $299.61 per share by late Wednesday morning. “This public […]

Kamala’s poll numbers plunge Georgia, North Carolina?

According to a recent Quinnipiac University poll, Kamala Harris' approval rating has plummeted to Biden's level in the key battleground state of Georgia. Blaze Media's Washington correspondent Christopher Bedford joins Blaze News Tonight's Jill Savage to shed light on the situation. – YouTubewww.youtube.com “How important is this latest data?” Jill asks. “What's most striking about […]

Nike sales slump 10%, shares plunge as new CEO faces massive challenge

Nike withdrew its full-year sales forecast on Tuesday and also missed quarterly revenue expectations, sending its stock price down by the hour as the sportswear giant struggles with weak footwear demand amid stiff competition from emerging brands around the world. It fell 6% outside. The company previously expected annual sales to decline by a mid-single-digit […]

Stocks Plunge After Presidential Debate and Higher Core Inflation

Investors appeared to reassess the risks of Kamala Harris winning the presidential election on Wednesday, with major stock indexes dropping sharply the morning after she debated Donald Trump. The Dow Jones Industrial Average fell more than 550 points, or 1.4%, while the S&P 500 lost 1.1% and the Nasdaq Composite Index lost 0.70%. Harris has […]

Bitcoin Prices Plunge Below $53,000 As Multiple Factors Fuel Losses – Forbes

Bitcoin price approached $52,000 early today (Photo: Chesnot/Getty Images) Getty Images Bitcoin prices fell sharply today, dropping nearly 8% in less than 24 hours as the market reacted to several bearish factors, including lackluster employment data. The world's most famous digital currency fell to a low of $52,530 around 5pm ET. Coinbase Data Offered by […]

Boar’s Head sales plunge across NY supermarkets after listeria outbreak

A deadly listeria outbreak linked to the company's iconic cold-cut brand Boar's Head has caused meat sales to plummet by 30 percent at supermarkets and delis across New York, according to information obtained by the New York Post. New York state has been particularly hard hit, with the state health department investigating 17 cases of […]

Birkenstock shares plunge 15% as quarterly profits miss estimates

Shares in sandal maker Birkenstock plunged more than 15 percent on Thursday after the company reported weaker-than-expected quarterly profit and its global expansion plans hit profit margins. The Germany-based company reported adjusted earnings per share of 54 cents, below the 58 cents LSEG analysts had expected. The retailer reported sales of $624.6 million, up 19% […]