May 8, 2024

Stryker Company SYK shares traded larger on Monday. The inventory could have been rebounding after falling final week following FDA institution of a Digital Well being Advisory Committee.

What To Know: Final Wednesday, shares of Stryker fell alongside different healthcare shares on the announcement of the committee, which is meant to advise the U.S. Meals and Drug Administration (FDA) on subjects associated to digital well being applied sciences (DHTs). Shares of the inventory continued to slip into Thursday following the information as properly.

Nevertheless, the inventory started to rebound from the selloff final Friday, a transfer which continued on Monday.

Associated Hyperlink: Why Concord Biosciences Inventory Is Buying and selling Larger Immediately

SYK Worth Motion: Shares of SYK had been flat within the after-hours session on the time of publication, in accordance with Benzinga Professional.

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