LSE:SN.L 11 January 2026 - 31 January 2026

Smith & Nephew shares fell 1.8% to 1,214.0 pence in London as European stocks dropped after President Trump threatened tariffs on eight countries over Greenland. The company is finalizing a $225 million U.S. acquisition of Integrity Orthopaedics, expected to close by month-end. Investors remain cautious about Smith & Nephew’s ability to meet its 2028 growth targets.

Smith & Nephew shares fell 2.6% to 1,172 pence in early London trading after announcing a deal to acquire Integrity Orthopaedics for up to $450 million. The company will pay $225 million upfront, with the rest tied to performance milestones. Investors are watching for updates on the deal’s progress ahead of full-year results due March 2.

Smith & Nephew shares closed down 0.9% at 1,258 pence in London on Friday, while the FTSE 100 hit a record high. CEO Deepak Nath is scheduled to speak at the JPMorgan Healthcare Conference on Monday. Investors await signals ahead of full-year results due March 2.