L'Oréal S.A. (LOR.DE)

Trending tickers: McDonald's, Tesla, Starbucks, L'Oréal and Barratt Redrow

The latest investor updates on stocks that are trending on Wednesday.

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  E. Coli Outbreak at McDonald’s: What Customers Should Know

  The Wall Street Journal
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  McDonald's Falls Over E. Coli Outbreak Tied To Quarter Pounders; Slivered Onions Recalled

  Investor's Business Daily

L'Oreal shares slide after China dents quarterly sales

L'Oreal's shares on Wednesday extended a deep sell-off after the cosmetics giant reported quarterly sales below expectations, citing reduced beauty products demand in China and slower growth for its dermatological division. Shares were down 3.7% at 0844 GMT, hovering around their lowest levels since January 2023. Across a broad range of companies, China's economic weakness has curbed customer buying and the luxury sector, reliant on discretionary spending, has been hard hit.