Why Is Silk Road Medical (SILK) Stock Up 24% Today?

Silk Road Medical (NASDAQ:SILK) stock is on the rise Tuesday after the medical device company announced an acquisition deal with Boston Scientific (NYSE:BSX). Now the deal just needs approval from SILK shareholders regulators. If that goes well, the two companies expect the acquisition to close in the second half of 2024. SILK stock is up 24.1% as of Tuesday morning! The stock is also up 120.7% since the start of the year. More Tuesday Stock Market News The acquisition offer from Boston Scientific also has ...