Kenvue Inc. is trading 5.01% up at $17.73 as investors rotate into defensive consumer staples during a broad risk-off session.
- The move comes despite no fresh company-specific announcements, as the stock's low beta makes it a preferred haven for investors seeking safety.
- Kenvue Inc. remains resilient while major benchmarks, including the S&P 500, Nasdaq, and Dow, all trade lower.