I’m reasonably new to stock trading and there’s a couple of things that isn’t making sense. I’m from Australia so we got the news about Johnson and Johnson having to pay a $110 million fine well before the market opened in the US. When I got this news, I thought for sure the share price would go down (I mean paying a fine with rumours that their product causes developments of ovarian cancer should tarnish a brand and sales for products I would think). Apparently not…
Since that news, the stock price has been climbing. Literally rocketing since the news!!
I DONT GET IT! Am I missing something really important here?
submitted by /u/brynm92
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June 03, 2017 at 06:40PM
from /u/brynm92
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