01:52 PM EST, 02/27/2025 (MT Newswires) -- Teleflex ( TFX ) agreed to acquire most of Biotronik's Vascular Intervention business for about 760 million euros ($793.1 million) in cash.
The company also said Thursday its board authorized its management to pursue a plan to separate the Urology, Acute Care, and OEM segments into a publicly traded company.
Shares slumped 22% following a surge in intraday trading volume to over 2.1 million from a daily average of about 506,000.
Ibotta ( IBTA ) reported a year-over-year decline in Q4 adjusted profit and revenue late Wednesday.
Shares slumped 44% as intraday trading volume soared to over 2.9 million versus a daily average of about 296,000.
Digimarc ( DMRC ) shares slumped 38% amid heavy trading after the company reported a year-over-year drop in Q4 revenue overnight.
Intraday trading volume jumped to over 1 million shares versus a daily average of about 164,000.
Price: 139.35, Change: -38.28, Percent Change: -21.55