Is Johnson & Johnson Stock A Buy As Pressure Mounts For A Coronavirus Vaccine? [Investor's Business Daily]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
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Source: Investors Business Daily
Related news Dow Jones component Johnson & Johnson ( JNJ ) faced a barrage of legal troubles in 2019. But JNJ stock is grabbing some traction as the pharmaceutical company preps a potential coronavirus vaccine. Shares of JNJ stock popped 8% on March 30 after Chief Executive Alex Gorsky said the company is planning to start manufacturing a coronavirus vaccine. The vaccine would target SARS-CoV-2, the virus that causes Covid-19. He sees a "high degree of probability of being successful." The pharmaceutical stock broke out in mid-April. But in the aftermath, it pared those gains. That put JNJ stock up 1.2% for the year as of the close on May 20. This comes as the coronavirus pandemic continues to weigh on the stock market . Litigation will continue to challenge JNJ stock in 2020. A number of consumers claimed the firm's baby and talcum powders caused them to develop cancer . The pharmaceutical company also faces claims that it used misleading marketing, playing a role in the nation's opi
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News
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JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 4/16/24 - Form 8-K/A
- 4/16/24 - Form 8-K
- 3/27/24 - Form PX14A6G
- JNJ's page on the SEC website