Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancer | WHAT REALLY HAPPENED

Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancer

Bayer shares plunged more than 12 percent after a second US jury ruled that glyphosate-based Roundup weed killer causes cancer. It was a huge blow to the German pharmaceutical giant which bought US agrochemical firm Monsanto.

The stock drop during Wednesday morning trading on the Frankfurt exchange wiped out almost $8 billion from Bayer's market value.

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Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancer

(*their chemotherapy division should have their back !)

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