Inari Medical ( (NARI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Inari Medical’s stock has experienced unusual movement primarily due to a reported potential acquisition by Stryker, causing a trading halt because of volatility. The market is also reacting positively to Inari’s strategic initiatives, including a joint venture with 6 Dimensions Capital, which has led Truist to raise its price target. Additionally, Oppenheimer’s optimistic outlook, influenced by these strategic partnerships, has added to the stock’s momentum.
More about Inari Medical
YTD Price Performance: -3.92%
Average Trading Volume: 939,943
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.91B
For further insights into NARI stock on TipRanks’ Stock Analysis page.
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