Mead Johnson Nutrition (MJN) announced Monday that the Hong Kong government has imposed a regulation designed to limit the flow of formula milk products out of the territory.
Mead Johnson Nutrition gapped open lower Monday and fell during the first 45 minutes of trade, before settling into a range. Shares finished down by 3.64 at $75.32 on above average volume. The stock dropped to over a 2-week low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.