BUZZ-Inari Medical jumps after Reuters reports Stryker nearing deal to buy co

Reuters

2025/01/07

** Shares of Inari Medical rise 27.5% to a near one-year high of $63.47

** Medical device maker Stryker is in advanced talks to acquire NARI, which makes devices to treat patients with venous diseases, Reuters reports, citing people familiar with the matter

** If the talks are successful, a deal could be announced as soon as this week, the report said

** Deal would bolster SYK's efforts to build out its offerings to treat a condition called venous thromboembolism, where a blood clot forms in a vein, and other venous diseases

** NARI stock fell 21.4% in 2024

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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