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Quinn Opportunity Partners sold Kenvue shares, but the stock still rose 300.8% this quarter.
Quinn Opportunity Partners LLC sold 65,000 Kenvue Inc. shares in the fourth quarter, reducing their holdings, while Scotia Capital Inc. increased its stake by 6,252 shares.
Despite the reduction, Kenvue's stock rose 300.8%.
The consumer health company has a market cap of $42.25 billion, with segments in Self Care, Skin Health and Beauty, and Essential Health.
Analysts predict earnings per share of $1.14 for the year, and the stock has a "Hold" rating with a target price of $24.42.
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Quinn Opportunity Partners vendió acciones de Kenvue, pero las acciones subieron un 300,8% este trimestre.