Johnson & Johnson shares drop on Reuters report that the company knew for decades of asbestos in its baby powder

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Johnson & Johnson shares drop on a Reuters report that the company knew for decades of asbestos in its baby powder.

 

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abujaylen check this out

BlkMurse or two meetings

menjicm What about all the babies? Everyone used Johnson and Johnson baby products. Is there any data on children?

And yet the stock only goes down 4-5 pts. How bout a 50% correction as we all should sue J&J now. That was my childhood covered in asbestos after every diaper change

And they knew about this!!!

🤣🤣🤣 JNJCares JNJComm JNJCareers JNJNews JNJGlobalHealth JNJParents JNJStories JNJInnovation johnsonandjohnson

Every time I hear a business owner complain about government regulation and oversight, I think of things like this. Red tape and regulation exist for a reason--companies will NOT police themselves, and the consequences are terrible.

I see they're trying the 'trump defense.' Not buying it.

sean_prevost No one recalls that Johnson's last name is asbestos.

Woaaa terjun payung

So they admit they allowed asbestos in BABY POWDER and they only drop 4% They should drop 40%!!

Another misleading ass graph trying to make a 2.7% slip look like 50% at a glance. You have poor ethics.

llauralouisiana WTF?

BoycottJnJ

Hmm could this be the reason I have been sick all my life and had cancer?

Oh well this is awesome... I used it for a combined 11 years with my kiddos. 😕 tracecartrace

Hope it was true that the baby powder was not harmful and if it was that they did not know. Given them the benefit of doubt until it is absolutely PROVEN. However if it is then that is criminal and those involved need to be held accountable.

If this is true. The stock should go through ZERO

ethics and humanity on a downward in the gutter spiral.... shame on Johnson & Johnson

Terrible actions by a large corporation where money is king.

Irwin Mainway is their legal counsel.

👀 Asbestos?!

good lord

another example of the failure in absolute belief/trust in capitalism and the idea/theory that free markets will regulate and/or act as system of checks & balance.

Umm, what?

Here's the Reuters story showing how Johnson & Johnson kept a guiding hand on talc safety research beginning in the 1970s.

1) Serves ya right, J&J! 2) How to you get asbestos in f*cking cornstarch?

Deadbeats should get rekt

Ouch

Good night.

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J&J shares drop on report company knew of asbestos in baby powderJohnson & Johnson shares on track to post their biggest percentage drop in more than a decade after Reuters reports J&J knew of asbestos in its Baby Powder: Read the report: What? Are you kidding me Stock drop is deserved... incredibly awful news. I suspect the backlash will be tremendous.
Source: Reuters - 🏆 2. / 97 Read more »