Joaquin Duato, J&J CEO (Amir Hamja/Bloomberg via Getty Images)

It's IPO day for J&J's Ken­vue: Stock gains 20% in first day of trad­ing as unit rais­es $3.8B

In one of the biggest health­care IPOs of the last decade, John­son & John­son’s con­sumer spin­out Ken­vue raised $3.8 bil­lion and start­ed trad­ing on the …

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