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Johnson & Johnson to sell remaining stake in Kenvue

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Johnson & Johnson News

Seana Smith,KVUE,Kenvue

Shares of Kenvue (KVUE) are trading slightly higher on Monday after Johnson & Johnson (JNJ) announced it would sell its remaining 9.5% stake in the company. ...

) announced it would sell its remaining 9.5% stake in the company. Kenvue will not receive any money from the sale.Let's talk about Ken View now Marine not as the dramatic of a move, but again, a move that is worth noting here up just about a half of a percent now.The company on the move after Johnson and Johnson saying that's going to sell its remaining 9.5% stake in the company just a year after Johnson and Johnson spin off.Ultimately, here in the longer run, we had the stock.

It's important to note that this is not that the company itself can view is not going to get any money from the sale. Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

 

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