U.S. stock market update: Paranovus ENT Tech up 10.76%

U.S. Stock Market Midday Update

Stocks with High Trading Volume in the Industry

Kenvue rose 1.77%, with a trading volume of $388 million. According to recent key news:

1. On September 17, Kenvue's debut on Wall Street attracted attention. Despite analysts maintaining a hold rating, its strong market performance drove the stock price up. Data indicates that the market is optimistic about its future development. Source: MarketBeat

2. On September 18, analysts continued to maintain a hold rating on Kenvue, believing that there are other stocks with more investment value, which may limit its further upside potential. Source: MarketBeat The U.S. market performed strongly, with significant capital inflows.

ELF Beauty fell 4.38%. According to recent key news:

1. On September 18, BofA raised ELF's target price to $160 due to strong performance from Rhode, with Q2 sales expected to be $44 million, an increase from the previous estimate of $42 million, driven by rapid restocking that boosted sales. This news caused stock price fluctuations. Source: BofA.

2. On September 17, BofA raised ELF's target price from $135 to $160 and reiterated a "buy" rating, expecting a 26% sales growth for FY2026, an increase from the previous estimate of 25%. This news had a positive impact on the stock price. Source: BofA.

3. On September 18, ELF's stock price rose 3.97% to $148.98, reaching a 52-week high, with a return rate of 132.68% over the past six months, showing strong momentum in the personal products industry. This news had a positive impact on the stock price. Source: Benzinga Pro. The consumer goods industry performed strongly, with high stability.

Estée Lauder fell 0.74%, with a trading volume of $141 million. According to recent key news:

1. On September 19, the performance difficulties of Fenty Beauty reflect the new competitive landscape in the medical beauty skincare industry. Estée Lauder launched a "medical-grade" skincare line to capture the high-end market, intensifying market competition and causing stock price fluctuations. Data shows that the market size of functional skincare products in China will reach 58.6 billion yuan in the first half of 2025, a year-on-year increase of 18.5%.

2. On September 18, analysts stated that Estée Lauder has performed the worst since 2020, but its earnings per share are expected to double, and this optimistic expectation had a positive impact on the stock price.

3. On September 17, former Estée Lauder executive John Demsey was appointed as the executive director of Gap's new beauty business, and this personnel change may affect market confidence in Estée Lauder. Competition in the medical beauty skincare industry is intensifying, and regulation is becoming stricter.

Stocks with High Market Capitalization in the Industry Unilever fell 0.17%, with a market value of $152.8 billion and increased trading volume. According to recent key news:

1. On September 17, Ben & Jerry's co-founder Greenfield resigned due to the loss of independence. This event raised market concerns about corporate governance and brand independence, leading to a decline in stock prices.

2. On September 17, Unilever announced plans to spin off its ice cream business, including Magnum and Ben & Jerry's, into a company listed in Amsterdam. This move is seen as part of the company's strategic adjustment, but market reactions were mixed, resulting in stock price fluctuations.

3. On September 18, Unilever, along with other major retail, food, and beverage companies such as PepsiCo, launched the "Agricultural Enhancement" initiative. Although this initiative demonstrates the company's efforts in sustainability, it has not fully alleviated market concerns about its profitability. The consumer goods industry has shown stable performance recently but faces cost pressures