Stericycle jumps after report says it's mulling sale

Stericycle

24/05/2024 20:37

** Shares of medical waste disposal company Stericycle
 SRCL.O  jump ~15% to $51.26 in late afternoon trading
    ** Co working with financial adviser to explore options,
Bloomberg News reports
    ** Medical waste management firms or infrastructure funds
could be among the buyers, report adds
    ** SRCL did not immediately respond to a Reuters request for
comment
    ** YTD, stock has climbed 3%    


 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))