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Friday, November 12, 2021

Dow Jones Futures Rise As J&J Jumps On Breakup Plans

 Dow Jones futures climbed 100 points early Friday, as Johnson & Johnson (JNJ) jumped on plans to break up the company.

Johnson & Johnson jumped 3% early Friday after the company said it plans to split into two separate companies. One company will focus on consumer products and the other will concentrate on prescription drugs and medical devices. J&J is the third company to announce such plans this week, following similar news from General Electric (GE) and Japan's Toshiba (TOSYY).

https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-rise-as-johnson-johnson-jumps-on-breakup-plans-rivian-tesla-set-to-rally/

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