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Here’s Why Shares of Whole Foods Are Lower on Tuesday

June 7, 2023
in Trade Tube
Reading Time: 1 min read
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It appears we’re not the only ones watching Whole Foods . Shares of the grocery chain slumped Tuesday after getting a warning letter from the U.S. Food and Drug Administration. The agency found serious violations of regulations for manufacturing, packaging among others at the company’s plant in Massachusetts. In the letter, the FDA said it saw ready-to-eat pasta being mixed in an area where condensation was dripping from the ceiling on to the surface below. The agency also saw an employee assembling bulk cartons and packaging quinoa cakes without washing hands or changing gloves in between tasks. In addition to those violations, the FDA discovered listeria and other sever food-safety violation during several inspections in February.

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