Posted by & filed under Company Analysis, Financial analysis, Financial Planning, Governments & Regulators, Growth & Valuation, Industry Analysis, Personal Finance.

Description: Johnson & Johnson shares on Wednesday climbed after the company proposed paying $8.9 billion to settle thousands of claims that its baby powder and other talc products caused cancer.

Source: CNBC.com

Date: Apr 05, 2023

Link: https://www.cnbc.com/2023/04/05/johnson-and-johnson-shares-rise-talc-settlement.html

Questions for discussion:

  • Explain the rise in the company stock value after this announcement.
  • Do you perceive any further risk for investors at this time?

Leave a Reply

Your email address will not be published. Required fields are marked *