U.S. stocks unusual movement | Waters Corporation (WAT.US) plunges nearly 13% will merge its related business with BD Medical

According to the Wisdom Finance APP, on Monday, Waters Corporation (WAT.US) plummeted nearly 13%, marking its largest drop since April 2019, to $306.62; Becton, Dickinson and Company (BDX.US) dropped nearly 2% to $173.13. In terms of news, Waters and Becton, Dickinson & Company agreed to merge BDX's life sciences and diagnostic solutions business with Waters Corporation in a tax-efficient reverse Morris trust transaction, valued at approximately $17.5 billion. Waters Corporation is expected to assume approximately $4 billion in incremental debt.