Why Was Wright Medical Group Stock Up 30% Last Monday?
- Monday, November 11, 2019, 7:14
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Wright Medical Group (NASDAQ: WMGI), a medical device maker that caters to the orthopedic market, saw its stock rally by over 30% on Monday, after news emerged that it would be acquired by larger rival Stryker Corporation. Stryker will pay $30.75 in cash for each of Wright’s outstanding shares…
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