J&J loses $39.8 billion in market value after report claims J&J knew about asbestos in baby powder

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Johnson & Johnson loses $39.8 billion in market value in one day after report claims it knew about asbestos in its baby powder.

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 /  🏆 12. in SG
 

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Linda_ADAO Good, might raise awareness to unsuspecting mothers that the powder they use on their babies might kill them later in life! Dying from Asbestos related diseases is the most horrible painful lingering death. I know too Linda my partner was also a victim.

😱

shady corporations. they deserved to be sue over and over

They also make Acuvue Contact lenses. I wonder what they’re putting in everyone’s eyes 👀

Where is my class action lawsuit?

At least their stock is dropping faster than my asbesticles

mr_jettlife

'Johnson & Johnson' Sooooooooo What else do they sell? ⏰⏰⏰🛎️🛎️🛎️🔥🔥🔥🤥🤥🤥

Ouuuuucccccchhhhhhhh!!!!!

Köpläge? finanstwitter utdelning

are you sure it wan't the FED's FAULT! that's who Cramer and the tantrum takings marketeers will blame - just blame it on the FED!!

Ouch! 🔥

the priority of a corporation is making money . end of story.

Seems like a good buy.

They deserve more than that

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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 »