Mon Jan 06 21:10:00 UTC 2025: ## Stryker in Advanced Talks to Acquire Inari Medical; Nuclear Stocks Remain a Hot Topic
**NEW YORK, NY – January 1, 2025** – Medical device giant Stryker (SYK) is reportedly in advanced negotiations to acquire Inari Medical (NARI), sending Inari’s stock price soaring 30% to a 12-month high on Monday. Sources cited by Reuters suggest a deal could be finalized as early as this week. Inari, valued at approximately $3.8 billion, specializes in catheter-based blood clot removal devices, a market it shares with competitors like Penumbra (PEN). Stryker, a significantly larger company with a market cap nearing $138 billion, produces a diverse range of medical devices and equipment.
The acquisition news overshadowed the continued strong performance of nuclear stocks, which saw significant gains in 2024 due to increased demand from AI data center operators. While the long-term outlook for nuclear energy remains a subject of discussion, the current surge in demand is bolstering the sector’s performance. The impact of this deal on the broader medical device and nuclear energy sectors will be closely watched in the coming days.