Johnson & Johnson Stock Jumps on Reports It Plans to Split In Two

3 years ago 351

Johnson & Johnson banal was gaining connected reports it plans to divided itself into 2 companies.

The Wall Street Journal reported that Johnson & Johnson (ticker: JNJ) plans to rotation disconnected its user brands, which see Aveeno, Band-Aid, Tylenol, and Listerine from its pharmaceutical division, which developed a Covid-19 vaccine, among different treatments.