J&J’s customer health system Kenvue began trading. What it indicates for the Club

Kenvue Inc. Johnson & Johnson’s consumer-health company, trading info is shown on a screen throughout the business’s IPO at the New York Stock Exchange (NYSE) in New York City City, U.S., Might 4, 2023.

Brendan Mcdermid|Reuters

Johnson & & Johnson‘s (JNJ) consumer-health system Kenvue (KVUE) skyrocketed more than 22% on its very first day of trading Thursday, bringing the Club holding one action more detailed to finishing its company separation. The organized split, which is set for later on this year, remains in the very best interest of investors of both the soon-to-be-solo Kenvue operations and the brand-new pharma and medtech-focused J&J.

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