December 14, 2018

Johnson & Johnson Face Decline

The US equities markets were bearish today overall, and two stocks in particular saw sharp declines. One stock was Johnson & Johnson (JNJ), which is obviously a major name in the healthcare sector. The company’s stock was down over -10% at one point during the session due to news that the company may have hidden its knowledge of asbestos in its baby food products. Meanwhile, Endo International (ENDP) was down sharply due to news that the company and others like it might be the target of Attorney Mike Moore, who is famous for taking on the tobacco industry. Here’s a recap of what happened.

about the author:

Mike Patton

Mike Patton took the leap into the markets beginning as a commodities broker in 2005, where he was responsible for identifying trading opportunities and executing trades on behalf of clients. After years as a broker he made the jump to education by joining the team at Trading Advantage, now Prosper Trading Academy.

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January 21, 2026

Could Penny Stocks Be The Big Play In 2026?

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January 13, 2026

Credit Card Interest Rate Caps: What Traders Could Expect

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December 12, 2025

Premarket Pulse Pattern: My #1 Prop Trading Strategy

What is Prop Trading? Prop trading has exploded in popularity over the last five years. It’s transformed from a niche practice into a mainstream gateway for retail traders. There’s a lot of highly skilled traders out there who are sitting on the sidelines right now for two main reasons: Prop trading addresses both issues. In […]

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