The New York Inventory Trade.
Michael M. Santiago | Getty Photographs
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This is what CNBC TV’s producers have been watching because the Dow Jones Industrial Common snapped a three-day win streak, and what’s on the radar for the subsequent session.
Starboard Worth’s funding in Kenvue
- We’ll discover out much more on Tuesday when Starboard’s Jeff Smith joins CNBC TV’s David Faber.
- Kenvue shares shot up 5.5% Monday as traders acquired behind Starboard.
- Kenvue was spun off of Johnson & Johnson final 12 months.
- The inventory is flat because the firm began buying and selling greater than a 12 months in the past.
- After Monday’s soar, the inventory is 2.7% from the 52-week excessive.
- As of Monday’s shut, Kenvue has a 3.6% dividend yield.
- Kenvue is the corporate that makes Listerine, Aveeno, Tylenol and Zyrtec.
Kenvue in 2024
GE Aerospace reviews earlier than the bell
- GE Aerospace reviews within the morning.
- It’s simply off the 52-week excessive hit final week.
- The inventory is up 90% to this point in 2024 and up about 130% in a 12 months.
- Over the previous three months, GE is up 22%.
Common Motors reviews earlier than the bell
- GM additionally reviews Tuesday morning.
- The inventory is 3% from the July excessive.
- Shares fell as little as $26.30 within the days following the 2023 United Auto Employees’ strike.
- The inventory is up 86% from that stage.
- Up to now in October, GM is up 9%.
- Previously three months, GM is up 1%.
- CNBC TV’s Phil LeBeau will cowl all of it.
Common Motors shares over the previous three months.
The protection firms report
- CNBC’s Morgan Brennan will cowl Lockheed Martin and RTX on Tuesday.
- Lockheed hit a brand new excessive Monday. The inventory is up 29% within the final three months.
- RTX is correct close to the excessive hit final week.
- The inventory is up 22.5% over the previous three months.
- RTX and Lockheed are each in the midst of the pack so far as the place the protection shares stand in October. BWX Applied sciences is up about 17% this month, and Elbit Programs is up almost 7%. Howmet Aerospace is up 6% month so far.
Verizon reviews earlier than the bell
- The communications inventory is up 5% in three months.
- Verizon is 3.6% from the Sept. 30 excessive.
- As of tonight, the inventory has a dividend yield of 6.2%.
- AT&T has a dividend yield of 5.1% tonight.
- AT&T is up 13% in three months.
Verizon Communications previously three months.
Texas Devices
IPOs
- A number of debuts are anticipated on Wall Road Tuesday: SAG Holdings, which is a Cayman Islands holding firm that focuses on the auto market. There’s additionally Huhutech, a China-based industrial firm, in addition to Jinxin Expertise and Aldel Monetary.
- The Renaissance IPO ETF (IPO) hit a brand new excessive Monday. The ETF is up 46% within the final 12 months.