J&J shares nosedive on report company knew of asbestos in baby powder

December 14, 2018 by  
Filed under News

Shares of Johnson & Johnson tumbled 12 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder.

Source: Reuters Business News

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