Kenvue IPO: Stock priced as Johnson & Johnson spinoff set to trade today on NYSE
The newly public consumer health company will control some of JNJ’s most well known brands, including Neutrogena, Listerine, and Tylenol.
Kenvue, a subsidiary of Johnson & Johnson, is holding its initial public offering and expected to begin trading on the public markets today. If you haven’t heard of Kenvue before, that’s okay. Johnson & Johnson only came up with the name last year. Still, Kenvue is expected to be one of the largest IPOs of the last few years. Here’s what you need to know about it:
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