Kenvue News: Why Investors Are Loving KVUE Stock This Week

Among the key stocks in focus in today's session is Kenvue (NYSE:KVUE). The company, which was spun off from parent Johnson & Johnson (NYSE:JNJ) almost exactly one year ago, is seeing strong traction in the market today. KVUE stock is up 14% in early afternoon trading after the company reported its second-quarter results. As we highlighted already today, Kenvue's numbers were well ahead of analyst estimates. Kenvue beat on the top and bottom lines, with revenue of $4 billion coming in ahead of estimates of ...