Bridger Management Sells Entire Stake in Masimo for $7 Million Before 34% Surge on $9.9 Billion Acquisition

Bridger Management sold its entire stake in Masimo, reducing its holdings by 47,841 shares and decreasing the position value by $7.06 million. The move came before Masimo's acquisition deal, which propelled the stock upward by about 34% in one fell swoop. Masimo develops and markets noninvasive patient monitoring technologies and hospital automation solutions, with a focus on innovation in patient care.