Kimberly-Clark shares were on track for their biggest one-day drop since the 1980s after the Huggies diapers maker agreed to buy Kenvue. Shares in the Tylenol maker leapt.
In recent trading:
-- Kimberly-Clark's stock fell nearly 13% to $104.57.
-- If it holds those losses, that will be its worst one-day percentage drop since Oct. 19, 1987-the day of the Black Monday stock-market crash-when it slid by one-quarter.
-- Kenvue shares jumped as much as one-fifth on Monday morning, marking their largest intraday percentage increase on record.
-- That's based on data back to 2023, when Kenvue spun off from Johnson & Johnson.
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(END) Dow Jones Newswires
November 03, 2025 11:15 ET (16:15 GMT)
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