Kenvue's Trading Volume Surges 30.52% to $806 Million Ranking 108th Despite Stock Price Drop

On June 13, 2025, Kenvue's trading volume reached $806 million, marking a 30.52% increase from the previous day and ranking 108th in the day's stock market activity. However, Kenvue's stock price fell by 2.68%.

Kenvue is reportedly considering the sale of several of its skin health and beauty brands. Among the brands potentially up for sale are Clean & Clear, Maui Moisture, and Neostrata. This move is part of the company's strategy to streamline its portfolio and focus on more profitable assets. The brands being considered for sale are expected to generate over $500 million in revenue collectively, which is a small portion of Kenvue's overall revenue.

Citi analyst Filippo Falorni has maintained a Neutral stance on Kenvue, setting a price target of $24.50. This rating comes in the wake of news that the company is exploring the divestment of certain brands. The analyst's view reflects the market's mixed reaction to the potential sale, as investors weigh the benefits of portfolio optimization against the potential loss of revenue from the divested brands.