AT&T and Johnson & Johnson Stocks Begin to Drop Due to ALEC Controversy!

From the International Business Times –

ALEC Disbands Task Force On ‘Stand Your Ground’ After Liberal, Rights Groups Protest”

“Its [ALEC] board of scholars includes Arthur Laffer, the inventor of the “Laffer curve” in economics, as well as Stephen Moore, a former president of the Club for Growth, which backs Republican candidates, who now writes for Rupert Murdoch’s News Corp. (NYSE: NWS).

“AT&T, McDonald’s and Johnson & Johnson and State Farm have not commented on the controversy. Shares of AT&T fell 11 cents to $30.78, while Johnson & Johnson fell $1.10 to $63.13 in midday Wednesday trading.”

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