Reckitt Benckiser Group plc (RB.SW)
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With 85% institutional ownership, Reckitt Benckiser Group plc (LON:RKT) is a favorite amongst the big guns
Key Insights Institutions' substantial holdings in Reckitt Benckiser Group implies that they have significant influence...
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Reckitt Benckiser stock sinks on $60M baby formula verdict
Reckitt Benckiser Group (RBGLY) shares are taking a noticeable hit after an Illinois jury awarded a mother $60 million in a lawsuit, where she argued one of the British consumer goods company's baby formula brands led to the death of her baby. Yahoo Finance Live reports on Reckitt's declining stock and the broader implications this news is having on Abbott Laboratories (ABT), who also produces baby formula products. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
