On January 23, 2026, The Wall Street Journal published an article entitled “Danone Recalls Batches of Infant Formula”. The article stated that Danone had announced that “it is recalling selected batches of its infant formula in line with guidance from Irish food-safety authorities.” Further, the article stated that the “recall follows a move by authorities in Singapore earlier this week to halt sales of a baby-formula brand Danone manufactures in the city-state, citing potential bacterial contamination. Shares in the French consumer-foods group dropped sharply in reaction.”
On this news, Danone American Depositary Receipts (“ADRs”) fell 2.69% on January 23, 2026.
