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Entellus Medical Inc. (ENTL) Has Leaped To A New High After Bought By Stryker

Entellus Medical Inc. (ENTL) announced Thursday morning that it has agreed to be acquired by Stryker Corp. (SYK) for $24.00 per share in cash, or approximately $662 million.

Entellus Medical has gapped open sharply higher this morning and is now up 7.82 at $23.83 with volume at over a 10-month high. The stock has leaped to a new high for the year.

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