Johnson & Johnson Stock Jumps on Reports It Plans to Split In Two
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Johnson & Johnson stock was gaining on reports it plans to split itself into two companies.
The Wall Street Journal reported that Johnson & Johnson (ticker: JNJ) plans to spin off its consumer brands, which include Aveeno, Band-Aid, Tylenol, and Listerine from its pharmaceutical division, which developed a Covid-19 vaccine, among other treatments.
Johnson...