Symbols

Kenvue Surges to 234th in Trading Volume with $417 Million Turnover

Generated by AI AgentAinvest Market Brief

Thursday, May 15, 2025 8:04 pm ET1min read

On May 15, 2025,

(KVUE) saw a significant increase in trading volume, with a turnover of $417 million, marking a 33.9% rise from the previous day. This surge placed Kenvue at the 234th position in terms of trading volume for the day. The stock price of Kenvue also rose by 2.93%.

Kenvue Inc. has announced that its shareholders will receive a dividend payment of $0.205 per share on May 28, 2025. This dividend is scheduled for shareholders of record as of May 14, 2025.

Barclays has adjusted its target price for Kenvue, increasing it from $22.00 to $23.00, while maintaining an "equal weight" rating for the company. This adjustment reflects the firm's updated outlook on Kenvue's performance and potential.

Third Point LLC has disclosed a new position in Kenvue, investing $213.4 million in the company's stock. This significant investment highlights the growing interest and confidence in Kenvue's prospects among institutional investors.

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