Johnson & Johnson: Key points on the asbestos report and stock slide

Johnson & Johnson’s (JNJ) stock fell over 8% in intraday trade on Friday after Reuters published a report stating that the company was aware that its baby powder contained the carcinogenic asbestos. The consumer products company has thousands of lawsuits pending over claims that its baby powder has led to cancer. Here are some key … Continue reading Johnson & Johnson: Key points on the asbestos report and stock slide