Stryker Says Not in Talks to Buy Boston Scientific

Shares of Stryker Corp. (SYK)  shot up in premarket trading on Wednesday, June 13, after the medical technology firm said in an 8-K filing that it wasn't in talks to acquire Boston Scientific Corp. (BSX) .

Stryker's shares jumped nearly 7% to $173.89. Shares of Boston Scientific fell 6.5% to $31.65.

The filing came on the heels of a Wall Street Journal article on Monday stating that Kalamazoo, Mich.-based Stryker had recently made a takeover approach to Marlborough Mass.-based Boston Scientific.

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