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Kenvue's Trading Volume Plummets 35.69% to 2.47 Billion, Slips to 315th in Market Rankings
Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 18, 2025 8:10 pm ET1min read
On June 18, 2025, Kenvue's trading volume reached 2.47 billion, a significant drop of 35.69% from the previous day, placing it at the 315th position in the day's stock market rankings.
(KVUE) fell by 0.35%, marking its second consecutive day of decline, with a total decrease of 1.32% over the past two days.On June 17, 2025, Kenvue's stock experienced a notable surge in pre-market trading, drawing the attention of both investors and analysts. Assenagon Asset Management S.A. recently acquired 40,447 shares of Kenvue Inc., signaling a bullish outlook on the company's future prospects. This significant investment underscores confidence in Kenvue's strategic direction and growth potential.
Additionally, the short interest in Kenvue Inc. saw an increase of 21.0% in May. This rise in short interest could be attributed to various factors, including market volatility and concerns over the company's performance. Despite the recent surge in short interest, the substantial investment by Assenagon Asset Management S.A. suggests a positive sentiment towards Kenvue's future prospects.
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