JNJ Jun 2024 160.000 put
- Yahoo Finance Video
Johnson & Johnson to sell remaining stake in Kenvue
Shares of Kenvue (KVUE) are trading slightly higher on Monday after Johnson & Johnson (JNJ) announced it would sell its remaining 9.5% stake in the company. Kenvue will not receive any money from the sale. Yahoo Finance Anchors Seana Smith and Jared Blikre break down the latest developments for these companies. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Simply Wall St.
We Think Johnson & Johnson (NYSE:JNJ) Can Stay On Top Of Its Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Reuters
J&J to exit spinoff Kenvue with latest stake sale
Based on Kenvue stock's last close, the offering of 182.3 million shares would be worth about $3.75 billion, according to Reuters calculation. Kenvue's shares were down 1.2% in premarket trading. J&J shares were largely unchanged.
