Johnson & Johnson Posting Notable Loss But Well Off Lows

( - Shares of Johnson & Johnson ( JNJ ) have climbed well off their worst levels of the day but remain in negative territory in late-day trading on Friday. Johnson & Johnson is currently down by 1.4 percent after ending the previous session at its best closing level in over two months.

Johnson & Johnson initially came under pressure after the healthcare giant was ordered to pay a record $4.7 billion to 22 women who claimed its talc-based products caused them to develop ovarian cancer.

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