Comment on Bayer stock plunges after jury awards $289 million to man with terminal cancer

Bayer stock plunges after jury awards $289 million to man with terminal cancer

Bayer’s stock slumped about 10 percent in midday trading Monday — the most in almost seven years — three days after a California jury awarded $289 million to a former groundskeeper who said the popular weedkiller Roundup gave him terminal cancer.The stock drop sent a cautionary signal to the company that acquired Monsanto, the maker of the weedkiller, in June for $63 billion.

 

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