Reported 2 days ago
Kenvue Inc. (KVUE) has emerged as one of the primary activist investment targets of Jeff Smith's Starboard Value LP, following a strategic partnership that began in October 2024. Smith's efforts have led to significant changes at the company, including the appointment of new board members to boost shareholder value. Despite KVUE's modest performance of 3.92% against the S&P 500's decline, it ranks third on Smith's activist list, highlighting its potential for growth amidst a crowded field of competitor stocks.
Source: YAHOO