Johnson & Johnson stock falls after asbestos found in baby powder

Johnson & Johnson

The bad news keeps coming for Johnson & Johnson: the company has announced a voluntary recall of its popular baby powder after some bottles were found to contain small amounts of asbestos.Shares of J&J fell six percent on Friday (local time), making it the second worst-performing stock in the Dow Jones Industrial Average. The drop in J&J, along with a slide in Boeing, dragged down the broader market.

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