Teleflex shares slide 7.04% and underperform rivals

9 articles · Updated · MarketWatch · Apr 30

The stock fell to $123.91 on Thursday, its second straight daily loss, while the S&P 500 rose 1.02% and the Dow gained 1.62%.
Teleflex lagged peers including Johnson & Johnson, Medtronic and Boston Scientific, all of which advanced during the session.
Shares finished 11.28% below their 52-week high of $139.67 reached on 22 April, as trading volume of 1.1 million topped the 50-day average.

As activist investors circle a tumbling stock, is Teleflex now a prime takeover target in the MedTech space?

With its stock plunging, is Teleflex's massive restructuring a brilliant turnaround or a desperate move destined to fail?