Nestle Stock Drops 1% Following Infant Formula Recall in Germany and Austria
Nestle Stock fell by 1% recently after the company announced a voluntary recall of certain infant formula products in Germany and Austria. This move comes amid concerns over potential safety issues, and it has sparked attention from investors, market analysts, and consumers alike. The recall affects a limited number of batches, but the news has already had a measurable impact on Nestlé’s share price, highlighting how operational and reputational risks can influence stock market performance.
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