Penumbra stock gains after Stryker- Inari deal (NARI:NASDAQ)

After the MedTech giant Stryker (NYSE:SYK) agreed to offer $4.9B in cash to acquire Inari Medical (NASDAQ:NARI), a maker of clot removal systems, shares of its rival Penumbra (NYSE:PEN) gained sharply on Tuesday.

The deal, announced after hours on Monday, propelled Inari (