Stock Market Today: Palantir, Vertex, and Hims & Hers Report After the Closing Bell

Core Viewpoint - Kenvue has agreed to a $48.7 billion acquisition by Kimberly-Clark, creating a consumer goods giant with projected annual revenues of $32 billion [5][6]. Company Updates - Kenvue will be sold for approximately $21.01 per share, consisting of $3.50 in cash and 0.14625 shares of Kimberly-Clark [6]. - Post-acquisition, Kenvue shareholders will hold 46% of the new company, while Kimberly-Clark investors will have a majority stake [6]. - Kenvue has faced challenges since its public debut, including pressure from activist investors and the departure of its CEO [7]. Market Reactions - Kenvue's stock surged nearly 18% in pre-market trading following the acquisition announcement, while Kimberly-Clark's stock fell by 15% [7]. - Other notable market movements include MongoDB rising by 7% after announcing its CEO's departure, and ON Semiconductor increasing by 3.8% after reporting [3].