Traders Daily – Johnson & Johnson (JNJ) Begins to Bounce

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Perhaps the bad news has now been priced into shares of Johnson & Johnson (JNJ).

As we noted yesterday:

According to Johnson & Johnson, the Reuters article is “one-sided and inflammatory.”

“Johnson & Johnson’s baby powder is safe and asbestos-free. Studies of more than 100,000 men and women show that talc does not cause cancer or asbestos-related disease. Thousands of independent tests by regulators and the world’s leading labs prove our baby powder has never contained asbes...

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