Stryker extends losses amid ongoing impact from cyberattack

Stryker Corporation has reported extended losses, continuing to grapple with the repercussions of a recent cyberattack. The medical technology company disclosed that the incident has significantly disrupted its operations and supply chain, leading to a notable impact on its financial performance. While the full extent of the damage is still being assessed, the company is implementing enhanced security measures and working to restore full functionality across its systems. The cyberattack has affected production and distribution, contributing to the reported financial downturn.