U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
Kenvue rose 1.88%, with a trading volume of $104 million. According to recent key news:
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On September 12, Kenvue's interim CEO Kirk Perry met with U.S. Health Secretary Robert F. Kennedy Jr. to emphasize that there is no clear evidence linking Tylenol to autism. This move aims to prevent the Health Secretary from listing Tylenol as a potential cause of autism in an upcoming report. This news had a positive impact on the stock price.
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On September 12, Kenvue faced pressure from investors to improve performance. The company agreed to a deal with investor Starboard Value to appoint three new directors and conduct a strategic review. This move is seen as a signal that the company may become a takeover target, boosting market confidence.
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On September 12, analysts believe Kenvue currently holds a rating, but due to its stock price being about 15% lower than the IPO price, the market is taking a wait-and-see approach regarding its future performance. The consumer healthcare industry is facing pressure from investors.
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Estée Lauder fell 2.82%. According to recent key news:
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On September 11, Estée Lauder announced the appointment of René Lammers as Chief Research and Innovation Officer. This appointment is viewed as an important move for the company in the field of innovation; however, the market is taking a wait-and-see approach regarding its short-term impact, leading to a decline in stock price.
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On September 11, Armani prioritized recommending its brand to Estée Lauder and other companies, indicating collaboration opportunities within the industry, but failed to immediately boost the stock price.
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No other significant news. The industry is active in innovation dynamics, and risks need to be monitored.
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Unilever fell 0.91%. Based on recent important news:
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On September 10, Unilever's Vice President stated at the China International Investment and Trade Fair that the company will continue to deepen its efforts in the Chinese market, emphasizing the importance and stability of the Chinese market. This statement may have boosted market confidence in the company's business in China, but failed to prevent the stock price from falling.
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On September 10, Unilever's ice cream business plans to spin off from its UK parent company in November, aiming for sales growth and higher profitability. This move may raise market concerns about the performance of the business post-spin-off, leading to stock price fluctuations.
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On September 10, Barclays maintained a buy rating on Unilever with a target price of £56. Despite the rating being maintained, the market reaction was muted, failing to effectively support the stock price. Industry policies are stable, but market confidence is fluctuating.
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Stocks with High Market Capitalization in the Industry
ELF Beauty fell 0.20%. According to recent key news:
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On September 12, e.l.f. Beauty closed at $137.91 in the latest trading session, up 2.58% from the previous day. This increase may be due to the market's optimistic expectations regarding its recent financial performance, leading to enhanced investor confidence and driving the stock price up
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No other significant events.
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No other significant events. Market trading is active, and attention should be paid to volatility risks
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Big Tree Cloud fell 7.78%; Kenvue rose 1.88%, with a transaction volume of USD 104 million; Estée Lauder fell 2.82%, with a transaction volume of USD 104 million; Unilever fell 0.91%, with a transaction volume of USD 101 million; ELF Beauty fell 0.20%, with a market value of USD 8.174 billion

U.S. stock market update: Big Tree Cloud down 7.78%