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Kenvue bounces as Trump's Tylenol-autism link not backed by new scientific evidence

ReutersSep 23, 2025 11:00 AM

** Shares of consumer health company Kenvue KVUE.N rise 6% to $17.99 premarket

** Stock hit record low on Monday after President Donald Trump linked autism to childhood vaccine use and taking co's pain medication Tylenol by women when pregnant

** Canaccord Genuity analysts say KVUE's risk is minimal and sell-off appears overblown, adding there is "more noise than substance"

** Citi analysts say they expected the stock to recover, citing absence of new scientific evidence from the White House briefing

** It is likely low-single-digit percentage of Tylenol sales come from use by pregnant women - Canaccord Genuity

** On September 5, the Wall Street Journal reported that Health Secretary Robert F. Kennedy Jr. planned to link Tylenol to autism

** Up to last close, stock fell 20.5% YTD

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