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Activist Starboard Holds Kenvue Stake, Seeks Changes
Tylenol Maker Kenvue Stock Surges on Report Starboard Takes 'Sizable Stake'
Key Takeaways Activist investor Starboard Value reportedly has taken a large stake in consumer health care products maker Kenvue.The Wall Street Journal and Reuters say it's unclear how big the investment is,
Activist Starboard Value Takes Stake in Tylenol-Maker Kenvue
Starboard wants Kenvue, which was spun out of Johnson & Johnson last year and has a market value of over $40 billion, to make changes to boost its share price.
Activist Investor Starboard Takes Aim at J&J Spinoff Kenvue on Heels of $1B Stake in Pfizer
Starboard Value contends that Kenvue, with strong consumer health brands like Tylenol and Listerine, is underperforming its rivals, according to The Wall Street Journal.
1d
Starboard Focused on Kenvue's Struggling Unit
Starboard Chief Executive Jeff Smith said that Kenvue, the Tylenol-maker spun out from Johnson & Johnson, should drill down on fixing its underperforming skin health and beauty segment, which he ...
3d
Activist Starboard Holds Kenvue Stake and Seeks Changes, WSJ Reports
Shares of consumer-products company Kenvue Inc. rose the most in two months after the Wall Street Journal reported that ...
EconoTimes
3d
Starboard Value Acquires Stake in Kenvue, Pushes for Stock Price Boost
Starboard Values Investment in Kenvue Inc. Activist hedge fund Starboard Value has taken a sizeable stake in Kenvue Inc., ...
3d
Wall Street Breakfast Podcast: Perplexity AI Targets $8B Valuation In New Funding
AI search startup Perplexity aims for $8B valuation in new round. UBS sells 50% interest in Swisscard to Amex - report.
The Register-Herald
2d
Stock market today: Wall Street edges back from its all-time highs
Some of the steam is coming out of Wall Street’s record-breaking rally, as U.S. stocks edge back from their all-time highs.
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