Should Investors Worry About The Latest In Johnson & Johnson's Talcum Case? [Seeking Alpha]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
Check Earnings Report
US:NYSE Investor Relations:
jnj.com
Company Research
Source: Seeking Alpha
Summary Reuters published a story that Johnson & Johnson has known internally about the presence of asbestos in its talcum powder for decades. This is an ugly headline that has caused a massive sell-off in the stock. Large liability lawsuits typically get drastically reduced from initial awards. Johnson & Johnson's cash hoard and balance sheet should enable the company to weather long-term costs of settlements. The large sell-off places shares at attractive levels relative to historical norms. Johnson & Johnson ( JNJ ) has been having a strong year, trading at near all-time highs despite ongoing developments of its collection of 12,000 pending lawsuits against it over the presence of asbestos in its talcum-based baby powder. The dam may have broken some today, as Reuters has now reported that the company has known about potential asbestos contamination for decades. The story has the Johnson & Johnson stock down 11% at the time of writing, which is almost unheard of fo
Show less
Read more
Impact Snapshot
Event Time:
JNJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JNJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JNJ alerts
High impacting Johnson & Johnson news events
Weekly update
A roundup of the hottest topics
JNJ
News
- Ethereum price today: ETH is down 0.44% today [USA TODAY]USA TODAY
- James Brodie of Johnson & Johnson MedTech Appointed Chair of the Medtech Canada Board of Directors [Yahoo! Finance]Yahoo! Finance
- Drugmakers in Medicare Price Negotiations Spent Less on Research Than on Shareholder Payments, Marketing and Overhead: Report [Yahoo! Finance]Yahoo! Finance
- Mike Vinokur's Top Picks: May 9, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- 3 Top Dividend Stocks to Maximize Your Retirement Income [Yahoo! Finance]Yahoo! Finance
JNJ
Earnings
- 4/16/24 - Beat
JNJ
Sec Filings
- 5/10/24 - Form 13F-HR
- 5/3/24 - Form 4
- 5/1/24 - Form 10-Q
- JNJ's page on the SEC website