Kenvue Inc., maker of Tylenol, Benadryl and other household names in health-care products, is joining the S&P 500, index provider S&P Dow Jones Indices said late Wednesday.
Kenvue
KVUE,
shares rose nearly 3% in the aftermarket. S&P Indices said it will set a date for the addition after Johnson & Johnson
JNJ,
which spun off Kenvue earlier this year, completes an exchange offer.
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