Over the weekend, we explained that Monsanto's largest trial loss in the five-year litigation over Roundup weedkiller was devastating. There appears to be no end as the company faces a second wave of lawsuits. It has already set aside $16 billion for the Roundup lawsuits. Also, this is a historic value destruction, who purchased Monsanto for $63 billion five years ago.
https://www.zerohedge.com/markets/twin-crisis-rocks-bayer-shares-crash-most-record-hitting-levels-not-seen-gfc
https://www.zerohedge.com/markets/twin-crisis-rocks-bayer-shares-crash-most-record-hitting-levels-not-seen-gfc
Over the weekend, we explained that Monsanto's largest trial loss in the five-year litigation over Roundup weedkiller was devastating. There appears to be no end as the company faces a second wave of lawsuits. It has already set aside $16 billion for the Roundup lawsuits. Also, this is a historic value destruction, who purchased Monsanto for $63 billion five years ago.
https://www.zerohedge.com/markets/twin-crisis-rocks-bayer-shares-crash-most-record-hitting-levels-not-seen-gfc
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