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Benzinga
Benzinga
Business
Tyler Bundy

INSANE: Johnson johnson sees a strong move is it ready for a breakout - The Real Truth

Johnson Johnson & Johnson NYSE JNJ

Johnson & Johnson (NYSE:JNJ) shares are trading higher Friday after the company agreed to finalize a proposed $26 billion settlement resolving more than 3,000 lawsuits, mainly by state and local governments, seeking to hold it and three other companies responsible for the opioid abuse crisis. The other companies are distributors McKesson Corp (NYSE:MCK), AmerisourceBergen Corp (NYSE:ABC) and Cardinal Health Inc (NYSE:CAH).

Johnson & Johnson was up 4.97% at $166 Friday afternoon at publication.

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