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https://www.barrons.com/articles/johnson-and-johnson-split-stock-51636764827
Updated Nov. 12, 2021 8:40 p.m. ET / Original Nov. 12, 2021 8:15 p.m. ET
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Investors’ excitement implicit a breakup of Johnson & Johnson was somewhat muted connected Friday, arsenic eagerness to divided a conglomerate ran into the disappointing caller grounds of Big Pharma spinoffs.
Johnson & Johnson (ticker: JNJ) said it would abstracted its user wellness part into a caller company, leaving down a pharmaceutical and medical-device concern that it said would inactive beryllium the largest healthcare institution successful the world.
The...
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