Su Group Holdings Limited shares rise 9.62% intraday due to Zimmer Biomet's acquisition of Monogram Technologies.

Su Group Holdings Limited rose 9.62% intraday. The company's stock price increase may be attributed to the acquisition of Monogram Technologies Inc. by Zimmer Biomet Holdings, Inc. This acquisition is expected to create the broadest, most flexible portfolio of orthopedic robotics and navigation technologies to meet surgeons’ needs. The acquisition is expected to be neutral to adjusted earnings per share in 2025 – 2027 and accretive thereafter, contributing to revenue growth beginning in 2027.