Johnson & Johnson stock rises after Delaware court pares Auris damages as earnings near
Johnson & Johnson shares rose 2.6% to $209.72 in after-hours trading Monday after Delaware’s Supreme Court threw out part of a nearly $1 billion damages award tied to its 2019 Auris acquisition. The court ordered damages recalculated, likely reducing the payout. Investors await J&J’s quarterly results Jan. 21. J&J has not commented on the ruling.
