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Johnson & Johnson (JNJ) Pulled Back Despite Solid Q4 Report

Johnson & Johnson (JNJ) reported fourth quarter adjusted EPS of $1.74 Tuesday morning, up from $1.58 last year. Analysts expected EPS of $1.72. The company expects to report full year adjusted EPS of $8.00 to $8.20. Analysts are expecting EPS of $7.87.

Johnson & Johnson steadily declined until midday Tuesday and finished with a loss of 6.31 at $141.83 on the highest volume of the year. The stock dropped to a 2-week low.

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