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Kenvue's stock plummeted 9% after unproven claims linked Tylenol to autism and ADHD, sparking litigation fears and derailing potential sales.
Kenvue, owner of Tylenol and Neutrogena, faces mounting challenges as activist pressure, leadership shifts, and a controversial claim linking Tylenol’s acetaminophen to autism and ADHD in children—despite lacking scientific backing—sparked a 9% stock drop and erased $10 billion in value.
The backlash has deterred potential buyers, with some calling the company "unsellable" due to litigation risks and declining sales.
While a full sale seems unlikely, interest remains in its skin health and beauty unit, valued at $6 billion to $9 billion, prompting speculation about a spin-off of non-core brands.
The company has not commented on its ongoing strategic review.
Las acciones de Kenvue cayeron un 9% después de que afirmaciones no probadas relacionaran el Tylenol con el autismo y el TDAH, lo que provocó temores de litigios y descarriló las ventas potenciales.