Haleon PLC (NYSE:HLN) announced a product recall of some of its Robitussin brand cough syrups.
What Happened: A microbial contamination in Robitussin cough syrups could potentially cause life-threatening events in immunocompromised customers.
The recall is for nearly 10 lots of its Robitussin Honey CF Max Day Adult and Honey CF Max Nighttime Adult cough syrups.
Haleon also owns brands like Advil, Tums, Sensodyne.
Price Action: The Weybridge, England-based company was trading higher in Thursday’s session despite the recall news.
Haleon’s stock is currently trading around $8 a share, and has underperformed the overall market in the last year.
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