Shockwave Medical jumps on report of J&J considering deal

Shockwave Medical

26/03/2024 18:58

** Shares of medical device maker Shockwave Medical  SWAV.O 
rises as much as 12% to hit record high of $326.86
    ** Johnson & Johnson  JNJ.N  in talks to buy co, Wall Street
Journal reports
    ** Deal could potentially be finalized within coming weeks,
report adds, citing people familiar with the matter
    ** SWAV has risen ~68% and JNJ has fallen ~1.1% YTD
    

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com;))