Almost $40 billion has been erased from Johnson & Johnson's market value, but JPMorgan says the selling is overdone

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Almost $40 billion has been erased from Johnson & Johnson's market value, but JPMorgan says the selling is overdone
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Johnson & Johnson plunged more than 9% Friday after Reuters reported it has known 'for decades' that some of its baby powder contained traces of asbestos.

 

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