Inari Shares Skyrocket As Stryker Will Acquire Medical Device Maker for $4.9B

Key TakeawaysShares of Inari Medical surged Monday afternoon and again Tuesday morning as reports of an imminent acquisition by Stryker turned into reality.Stryker will acquire Inari in an all-cash deal for $80 per share, valuing it at roughly $4.9 billion.The deal for the vascular medical device maker was first reported by Reuters Monday afternoon, sending Inari shares up 30% by the end of Monday trading. Inari Medical (NARI) stock skyrocketed Monday afternoon and again Tuesday morning after a report that ...