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Kenvue Stock Sinks Ahead of Trump Announcement Tying Autism to Tylenol Use During Pregnancy

1. Kenvue shares dropped 7% before Trump's autism report announcement. 2. Trump linked acetaminophen use in pregnancy to autism risk. 3. Kenvue stated no scientific link between acetaminophen and autism. 4. Stock recovered slightly in after-hours trading following the drop. 5. Kenvue expressed concern about public health implications from the announcement.

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FAQ

Why Bearish?

The Trump administration's report can negatively impact public perception and sales, similar to past incidents with drug controversies leading to stock declines.

How important is it?

The article addresses a significant health concern tied to Kenvue's product, leading to potential regulatory scrutiny and consumer hesitance.

Why Short Term?

The immediate negative market reaction suggests that the effects on Kenvue's stock will be felt in the short term until further data supports Kenvue's claims.

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