🟢 Sweetgreen is trading 6.3% up today as it rebounds from a selloff linked to a nationwide parasite outbreak

Sweetgreen is trading 6.3% up at $6.61 in pre-market, rebounding after several sharp down days following a sector-wide selloff.

• The move follows a steep slide tied to a nationwide cyclosporiasis parasite outbreak linked to fresh produce, which pressured salad-focused restaurant stocks.
• The outbreak erased much of the company's recent gains as investors reassessed food-safety protocols and potential demand risks.
• Shares are seeing a recovery as the market stabilizes following the initial reaction to the health concerns.