Stryker's stock dropped about 11.79% after hours because its latest earnings fell short of expectations.

SYK · Stryker Corp.

The AI's read

Sales grew 7.7%, and Stryker expects a solid fourth quarter. It also repurchased $1 billion of shares and approved another $3 billion for future repurchases. But sales and adjusted earnings per share both missed estimates. The story gives a 2026 forecast but no earlier forecast for comparison, so it does not show whether expectations changed.