• 09/21/2024

Reckitt Benckiser Sheds Nearly $7 Billion in Market Value After Infant-Formula Verdict

Wall Street Journal

The rout came after it was reported that an Illinois jury ordered the company’s Mead Johnson unit to pay $60 million in compensation related to the death of a premature baby fed Enfamil.

https://www.wsj.com/articles/reckitt-benckiser-shares-plunge-after-infant-formula-verdict-9eba053b