Kenvue Stock Drops 10% on Report Linking Tylenol Use During Pregnancy to Autism
By
randycupertino
Crisp on the outside, thoughtful on the inside. A keeper.
Summary
Kenvue's stock dropped over 10% following a Wall Street Journal report that HHS Secretary Robert F. Kennedy Jr. will likely release a report this month linking Tylenol use during pregnancy to autism. The report, based on what HHS calls 'gold-standard science,' will also suggest folate-derived medicine could treat autism symptoms in some cases. This news caused significant market reaction against the consumer health company.
Key quotes
· 3 pulledShares of Kenvue fell more than 10% on Friday after a report that Health and Human Services Secretary Robert F. Kennedy Jr. will likely link autism to the use of the company's pain medication Tylenol in pregnant women
HHS will release the report that could draw that link this month, the Wall Street Journal reported on Friday
We are using gold-standard science to ge
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