Stocks to Watch Monday: Boeing, Kenvue and Walmart -- WSJ

Dow Jones10-21

By Patricia Kowsmann

Boeing $(BA)$: The plane maker and the leaders of its machinists union reached a tentative deal that could end the strike that has halted most of its production. Shares rose more than 3% ahead of the opening bell.

Kenvue $(KVUE)$: Activist investor Starboard Value has taken a sizable stake in the consumer-products company and wants to make changes to boost the stock price, The Wall Street Journal reported. Shares of Kenvue, which was spun out of Johnson & Johnson last year, jumped over 4% premarket.

Walmart $(WMT)$: The retailer reached a proposed settlement over three shareholder lawsuits related to its distribution of prescription opioids.

SAP (XE:SAP), $(SAP)$ is among the companies reporting earnings after the market closes.

Other companies reporting results this week include General Motors $(GM)$ on Tuesday, Tesla $(TLSA)$ and International Business Machines $(IBM)$ on Wednesday and United Parcel Service $(UPS)$ on Thursday.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 21, 2024 04:52 ET (08:52 GMT)

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