MCDONALD’S, STARBUCKS AND YUM CHINA HAVE CLOSED LOCATIONS NEAR THE VIRUS OUTBREAK

Highlights

• Starbucks’ stock fell 4%
• Starbucks shuts stores in China’s Hubei province
• Luckin coffee shop shut in Wuhan

McDonald’s, Starbucks, Yum China, and Luckin Coffee shares fell amid growing fears about the coronavirus in China.

The virus has taken 81 lives in China so far and infected nearly 2,900 people in the country.

Wu....