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Bayer shares fall nearly 6% on court order to pay $2 25 billion in damages

Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in a Philadelphia court on Friday ordered Bayer to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the Roundup weedkiller, based on the chemical glyphosate. Shortly after the 0800 GMT open, Bayer shares fell 5.7% to their lowest in about eight weeks, before trimming the losses to last trade down 4.6%.

Bayer shares fall nearly 6% on court order to pay $2 25 bln in damages

By Ludwig Burger and Patricia Weiss FRANKFURT, Jan 29 (Reuters) - Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in…

Bayer shares down by nearly 6% as it faces $2 25B damages payout

Shares in Bayer plunged as much as 5.7% on Monday after embattled German chemicals and pharmaceuticals maker was ordered to pay some $2.25 billion in.

Bayer shares fall nearly 6% on court order to pay $2 25 bln in damages

Bayer shares fall nearly 6% on court order to pay $2 25 bln in damages
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Bayer shares fall nearly 6% on court order to pay $2 25 billion in damages

Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in a Philadelphia court on Friday ordered Bayer to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the Roundup weedkiller, based on the chemical glyphosate. Shortly after the 0800 GMT open, Bayer shares fell 5.7% to their lowest in about eight weeks, before trimming the losses to last trade down 4.6%.

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