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Shockwave Medical Stock Rises After Johnson & Johnson Buyout - Johnson & Johnson (NYSE:JNJ), Shockwave Medical (NASDAQ:SWAV)

Shockwave Medical Inc (NASDAQ:SWAV) is in the spotlight today, after blue-chip pharmaceutical giant Johnson & Johnson (NYSE: JNJ) announced it would buy the company for $13.1 billion, boosting its portfolio of cardiovascular disease treatment devices.

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