Teledyne Technologies is trading 5.68% down now at $635.39 as investors continue digesting its planned $1.1 billion all-cash acquisition of Varex Imaging.
- The transaction values Varex at $18.90 per share and is expected to close in early 2027, subject to approvals.
- Reuters reported the deal on August 10; company materials say it broadens Teledyne’s healthcare-imaging portfolio.
- The broader market is mixed rather than sharply risk-off: the S&P 500 and Nasdaq are modestly higher, while the Dow is slightly lower. No newer earnings miss or separate company-specific announcement was found to explain the August 14 move.