Kenvue stock lags Kimberly-Clark offer value as deal vote and earnings line up
Kenvue shares closed at $16.83 Friday, about 6% below the value implied by Kimberly-Clark’s cash-and-stock buyout offer. The merger spread persisted as traders eyed Kimberly-Clark’s Jan. 27 earnings report and a Jan. 29 shareholder vote. Both companies are seeking stockholder approval, with closing targeted for the second half of 2026.