(Reuters) - Kenvue ( KVUE ) reported third-quarter sales marginally below Wall Street estimates on Thursday, hurt by weakness in its skin health and beauty unit housing the Neutrogena and Aveeno brands, amid pressure from activist hedge fund Starboard Value. The consumer products company has faced criticism from investors for lackluster growth in its skincare and beauty brands. After Starboard...

Shares of Trump Media & Technology Group Corp ( DJT ) experienced a sharp decline of 17% during pre-market trading on Thursday, according to Benzinga Pro. This drop comes after a significant surge of 6% the previous day, driven by Donald Trump’s return to the White House for a second term. The fall is primarily attributed to investors taking profits...

MILAN (Reuters) - Danish drugmaker Novo Nordisk's shares hit an over 9-month low on Thursday after surging more than 8% the previous day, as underwhelming guidance for next year overshadowed strong sales growth for its popular Wegovy weight-loss drug. The two-day move saw Europe's biggest company by market cap trade in a wide 14-percentage-point range from low to high. By...

(Reuters) -Tapestry raised its annual earnings forecast and surpassed first-quarter estimates on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags and sending its shares up 5% before the bell. Shoppers, particularly in the middle- and upper-middle income category, have splurged on trendy apparel and accessories even as they pared back on most non-essential purchases...