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

2:37 PM ET Fri, 14 Dec 2018

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.