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Benzinga
Benzinga
Business
Namrata Sen

Kimberly-Clark Stock Plunges Over 16%, Kenvue Surges 20% In Monday Pre-Market: What's Going On?

Kenvue KimberlyClark Kenvue Inc KMB KVUE NYSE
Wall Street Analysts Turn Even More Bullish

Shares of Kimberly-Clark Corporation (NASDAQ:KMB) plunged 16.15% during the pre-market trading session on Monday, after it announced the acquisition of Kenvue Inc. (NYSE:KVUE) on Monday. Meanwhile Kenvue stock surged 20.04%.

$48.7 Billion Cash and Stock Deal Valuation

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