Finance2 sources
Intuitive Surgical Stock Drops Despite Revenue Increase
- Intuitive Surgical reported a 22% revenue increase on Oct. 20.
- Despite the revenue increase, the company's stock price fell.
- Sales of the da Vinci surgical robot are not the main driver of the company's revenue.
- Competition in the surgical robotics market is increasing, causing investor concern.
- Investors are missing key factors contributing to the company's revenue.
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