Kenvue stock jumps on reports of Starboard Value's stake

Starboard Value News

Kenvue stock jumps on reports of Starboard Value's stake
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Activist investor Starboard Value, which in recent months has taken stakes in coffee chain Starbucks (SBUX) and pharmaceutical giant Pfizer (PFE), has set...

in the Tylenol and Band-Aids maker and hopes to boost its stock price. Shares move higher in Monday's pre-market trading.Let's talk about can view that's the maker of time and all this targeted by activist investor, Starboard value.

Yeah, certainly we don't know many details just about the changes exactly that they are pushing for lots of talk this morning about maybe it's gonna involve their skin and beauty division.As of late, it makes up just about 28% of its business.But again, very much, much of this is unknown just in terms of the exact changes the Starboard is pushing for.

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