Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
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.
Johnson & Johnson's ( NYSE:JNJ ) dividend will be increasing from last year's payment of the same period to $1.24 on...