Comment on Johnson & Johnson stock gets hammered by a report saying it knew of asbestos in baby powder

Johnson & Johnson stock gets hammered by a report saying it knew of asbestos in baby powder

Johnson & Johnson is forcefully denying a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder. The report Friday by the Reuters news service sent company shares into a tailspin, suffering their worst sell-off in 16 years. The stock price was...

 

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