A French firm recalled infant formula batches over contamination fears, spiking safety concerns and dropping Danone and Nestlé shares.

A significant infant formula recall in France has impacted Danone and Nestlé products, resulting in a decline in their stock prices. Due to possible contamination issues, several batches of baby formula are being recalled, raising concerns among consumers and drawing regulatory attention. A voluntary removal of the impacted products from the market has been started by the French company in charge of the recall.