Your email has been successfully added to our mailing list.

×
0.00293685756240829 0.00293685756240829 0 -0.00146842878120408 -0.00881057268722461 -0.00660792951541849 -0.00145374449339207 0.0146842878120411
Stock impact report

Alcon abandons effort to purchase LENSAR after FTC scrutiny [Yahoo! Finance]

LENSAR, Inc. (LNSR) 
Company Research Source: Yahoo! Finance
This story was originally published on MedTech Dive . To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter Dive Insight: Alcon and LENSAR agreed to call off their merger, Alcon said Monday. Alcon CEO David Endicott said the delay and costs associated with a Federal Trade Commission review made the transaction unattractive to pursue further. In a Tuesday statement , the Federal Trade Commission said the merger would have combined the two most significant players in the market for laser systems used in femtosecond laser-assisted cataract surgery, or FLACS, threatening to raise prices and reduce innovation. The termination is the second aborted acquisition attempt by Alcon, after shareholders of STAAR Surgical, a maker of implantable lenses, in January rejected Alcon's $1.6 billion offer. Dive Insight: Alcon and LENSAR announced the deal a year ago. At the time, Alcon said it would pay up to about $430 million to acquire LENSAR, whose compu Show less Read more
Impact Snapshot
Event Time:
LNSR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LNSR alerts
Opt-in for
LNSR alerts

from News Quantified
Opt-in for
LNSR alerts

from News Quantified