J&J owns nearly 90% of Kenvue shares and plans to reduce its stake in the company through an exchange offer that could launch "as early as the coming days."
One of the more interesting moves in today's market comes from recent spinoff Kenvue (NYSE: KVUE ). Currently, shares of KVUE stock are down around 3% in today's session, as the company reported ear

These 2 Stocks Just Sent the Dow Jones Soaring

02:33pm, Thursday, 20'th Jul 2023
The Dow outpaced other market indexes on Thursday afternoon. Johnson & Johnson announced solid growth in the second quarter of 2023.
J&J (JNJ) beats estimates for second-quarter earnings and sales. It raises full-year sales and earnings guidance.
U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.
Dow Jones Industrial Average stocks to watch in the stock market right now.
Johnson & Johnson CFO Joe Wolk tells Yahoo Finance Live that things like people catching up on surgical procedures as well as new products boosted the company's results. On the company's legal challen
Shares of Johnson & Johnson advanced as the pharmaceutical and medical products firm posted better-than-expected results and raised its guidance on higher demand for its medtech products.

Johnson & Johnson Rips Off the Kenvue Band-Aid

12:06pm, Thursday, 20'th Jul 2023
A surprisingly early distribution and a stretched valuation hit J&J's consumer health arm hard.
Johnson & Johnson, Kenvue, and Abbott Labs posted second quarter results that topped analyst estimates. Yahoo Finance Live anchors break down the market reaction to the report.
After three years of waiting, Johnson & Johnson NYSE: JNJ shares have returned to trend, a monumental event for the market which presents a potential buying opportunity for income investors.
Thibaut Mongon, Kenvue CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what Mongon is seeing from the consumer, and much more.

Why Johnson & Johnson Stock Is Rising Today

11:08am, Thursday, 20'th Jul 2023
The healthcare giant posted better-than-expected 2023 Q2 financial results today.
Dividend stocks often provide an important source of income for retirees. Target and Johnson & Johnson are two top-shelf dividend stocks suitable for risk-averse investors.
Johnson & Johnson (JNJ) came out with quarterly earnings of $2.80 per share, beating the Zacks Consensus Estimate of $2.61 per share. This compares to earnings of $2.59 per share a year ago.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE