Shares of Once Upon a Farm fell nearly 40% after complaints that its oat bars posed a potential choking hazard for toddlers.
The sell-off highlights the risks facing organic-food makers that sell products aimed at young children, where safety concerns can quickly affect both consumer trust and investor confidence.
The Wall Street Journal's US business coverage reported the stock decline and the recall-related concerns that drove it. The source material provided does not include further details on the number of complaints, the regulatory response, or the company's statement.
Investors and parents will likely be watching for updates on the scope of the recall and any changes the company makes to its product line or labeling.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing