Kenvue Stock Soars 10.85% on Bullish Investment

On June 17, 2025, Kenvue's stock surged by 10.85% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Assenagon Asset Management S.A. recently acquired 40,447 shares of Kenvue Inc., indicating a bullish stance on the company's future prospects. This substantial investment suggests confidence in Kenvue's strategic direction and potential for growth.

Additionally, the short interest in Kenvue Inc. increased by 21.0% in May, reflecting a growing number of investors betting against the stock. This rise in short interest could be attributed to various factors, including market volatility and concerns over the company's performance.