Kenvue stock price jumps 2% as KVUE takeover vote nears — what traders watch next
Kenvue shares rose 2.1% to $17.75 Thursday on volume of 67.1 million, well above average, ahead of a key Jan. 29 shareholder vote on a proposed sale to Kimberly-Clark. The deal values Kenvue at about $18.45 per share, but ongoing litigation and proxy battles have kept the stock trading below that level.