U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Kenvue rose 0.59%, with a trading volume of $667 million. According to recent key news:
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On September 24, U.S. President Trump warned pregnant women against taking Tylenol, claiming it may be linked to autism in children. This statement raised market concerns about potential legal lawsuits, leading to fluctuations in Kenvue's stock price.
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On September 24, the FDA announced it would modify the labeling of acetaminophen-containing products, warning that taking this ingredient during pregnancy may increase the risk of autism in children. This news further heightened market concerns about Kenvue.
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On September 26, Rothschild &amp; Co lowered Kenvue's target price from $22.50 to $22.00, reflecting a cautious market outlook on the company's future performance. The consumer goods industry faces policy and market risks.
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Unilever fell 0.08%. According to recent key news:
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On September 26, Hindustan Unilever stated that the Goods and Services Tax reform led to a temporary disruption in sales, affecting sales in September and October. This move aims to stimulate domestic demand but has a negative impact on sales in the short term. Source: Hindustan Unilever statement.
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On September 26, the Indian government reduced the consumer goods tax rate, prompting distributors and retailers to clear old inventory, with sales expected to recover in November. Source: Hindustan Unilever statement.
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On September 26, analysts rated Unilever as moderately buy, with a target price of 5,080.63, expecting a 15.29% increase. Source: TipRanks. The impact of consumer goods tax reform on sales has led to significant market fluctuations.
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ELF Beauty fell 0.34%. Based on recent important news:
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On September 24, Elf Beauty's Rhode brand set a sales record at Sephora, with retail sales exceeding $10 million in the first two days, shifting market share from retailers like Ulta and Target, driving stock price fluctuations. Data source: Jefferies analyst.
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On September 24, Elf Beauty's Rhode brand may expand to Kohl's, with Sephora expected to further enhance brand influence in Kohl's 1,100 stores. Data source: Jefferies analyst.
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On September 25, Elf Cosmetics partnered with Tottenham Hotspur Football Club to increase brand exposure at sporting events, raising market attention. Data source: e.l.f. Beauty. Competition in the beauty industry is intensifying, with changes in market share
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Big Tree Cloud rose 8.26%; Kenvue rose 0.59%, with a transaction volume of USD 667 million; Unilever fell 0.08%, with a transaction volume of USD 131 million; ELF Beauty fell 0.34%, with a transaction volume of USD 128 million; Estée Lauder rose 3.00%, with a market value of USD 31.2 billion

U.S. stock market update: Big Tree Cloud up 8.26%