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Benzinga
Benzinga
Business
Chandrima Sanyal

Kenvue's $48.7 Billion Sale Puts Consumer Staples ETFs Back In Vogue

Kenvue ETF KVUE Kenvue Inc KMB Nasdaq KimberlyClark United States XLP
Kenvue

Consumer staples ETFs, usually the quiet corner of the market, are suddenly in the spotlight. The $48.7 billion acquisition of Kenvue Inc. (NYSE:KVUE) by Kimberly-Clark Corp (NASDAQ:KMB) has stirred renewed interest in the sector, setting up a potential reshuffling of weightings across several big-name ETFs.

• KVUE is showing downward pressure. See if it is worth your attention here.

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