Why Stryker (SYK) Shares Are Plunging Today

Stryker's (SYK) shares dropped 7.3% after its second-quarter revenue only met Wall Street expectations and organic sales growth missed forecasts, despite a 9.4% year-on-year revenue increase and beating adjusted profit estimates. Investors focused on the underwhelming sales, signaling a potential slowdown. The stock is down 7.9% year-to-date, trading significantly below its 52-week high.