Stryker Stock Falls Despite the Agreement to Acquire Inari Medical

Stryker Corporation (SYK) recently inked a definitive agreement to acquire all the issued and outstanding shares of common stock of Inari Medical, Inc. (NARI) for $80 per share in cash, representing a total fully diluted equity value of approximately$4.9 billion.Through the acquisition of Inari Medical, Stryker is likely to expand its portfolio and provide life-saving solutions to patients with peripheral vascular diseases.Likely Trend of SYK Stock Following the NewsFollowing the announcement, shares of th ...