Bayer stock hits 7 year low Unlisted Video
4 years ago
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News
Trending News
Bayer Ag
Supreme Court Of The United States
Punitive Damages
Benoit Tessier
U.S. Supreme Court
6.8 Percent
$2 Billion
Seven Years
La Garenne-Colombes
FILE PHOTO: The Bayer AG logo sits on display at the headquarters in La Garenne-Colombes, near Paris, France, May 13, 2019. REUTERS/Benoit Tessier/File Photo Frankfurt (Reuters) - Shares in Bayer were down 6.8 percent in early trade on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer. That put the stock at its lowest level in almost seven years, even though the punitive damages award is likely to be reduced due to U.S.
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