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

Inari Medical

06/01/2025 20:52

** Shares of Inari Medical  NARI.O  rise 27.5% to a near
one-year high of $63.47 
    ** Medical device maker Stryker  SYK.N  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;))