Yum Brands rises as Taco Bell lettuce fears among investors ease
20/07/2026 13:39
BUZZ-Yum Brands rises as Taco Bell lettuce fears among investors ease ** Shares of Taco Bell parent Yum Brands YUM.N up 1.4% at $149.99 premarket
** YUM fell about 2.7% on Friday due to its use of iceberg lettuce from Mexico linked to an ongoing cyclosporiasis outbreak and subsequent traffic decline at outlets
** The market realizing that this is not a long-term problem, combined with news that the U.S. FDA's Taylor Foods test may have been a false positive, is helping the stock, says Ari Felhandler, analyst at Morningstar Equity Research
** Taco Bell said on Friday that it has completed removal of affected Taylor Farms lettuce from restaurants
** Stock up 25.3% YTD, as of last close
(Reporting by Neil J Kanatt in Bengaluru)
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