Check out the companies making headlines before the bell. Kenvue – The consumer health company jumped more than 8% after the Wall Street Journal said activist investor Starboard Value has taken a stake in the Johnson & Johnson spinoff . Boeing – Shares added 3.3% after the aircraft maker and its machinists' union reached a new contract proposal that could end a month-long strike. The ratification vote on the proposal, which includes a 35% wage increase, is expected Wednesday.
Shares fell more than 1% after Bernstein lowered its price target on the Dutch semiconductor equipment stock. The bank said it sees a "challenging" outlook for 2025. — CNBC's Alex Harring, Samantha Subin, Jesse Pound, Hakyung Kim and Michelle Fox Theobald contributed reporting.
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