Stocks Suffer Amid Johnson & Johnson Litigation

By David DishmanBusiness writer ddishman@oklahoman.comJohnson & Johnson stock value continues to fluctuate despite increases to net income amid ongoing litigation against the company in Oklahoma. The company on Tuesday reported a second-quarter net income of $5.61 billion, or $2.08 per share, which is up from $3.95 billion, or $1.45 per share a year ago, soundly beating Wall Street expectations. But shareholders didn’t see any gains immediately after the report, as shares took an immediate drop of nearly a percent.Read more on NewsOK.com

Topics:  david dishmanbusiness    johnson   oklahoma   wall street   newsok   litigation   company   net   income   billion   share   
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