Kenvue stock price today: KVUE steadies before open as job cuts and deal watch collide
Kenvue shares traded at $18.88 in premarket Thursday, steady after a 2.55% gain Wednesday on strong quarterly results and a new restructuring plan. The company beat estimates with Q4 adjusted profit of 27 cents per share and $3.78 billion in sales, and announced a 3.5% workforce cut. Investors tracked progress on the planned Kimberly-Clark takeover and increased activist pressure from Starboard Value.
