J&J stock drop due more to time of year than Reuters headline: Analyst

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J&J stock drop due more to time of year than Reuters headline: Analyst

CNBC's "Closing Bell" team discusses the potential long-term impact that the Reuters report on asbestos in Johnson & Johnson's baby powder with Jared Holz, an analyst from Jefferies. Reuters is reporting that the company knew about the asbestos in the baby powder for decades. Johnson & Johnson denies the report.
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Fri, Dec 14 20182:37 PM EST