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Intuitive Surgical shares fall despite 22% revenue surge

The Motley Fool +1 · ·by G4L

ISRG Intuitive Surgical Inc
$450.04 -2.28%
View chart & analysis →
  1. 1Intuitive Surgical shares declined following its earnings announcement on October 20.
  2. 2Medtronic and Johnson & Johnson have entered the surgical robot market.
  3. 3Robot sales account for approximately 25% of Intuitive Surgical's revenue.

So what's the key point?

Intuitive Surgical's stock price fell after its earnings report. Medtronic and Johnson & Johnson have entered the surgical robot market.

Source The Motley Fool +1 · View original ↗

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