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Shares of Intuitive Surgical (ISRG -2.2%) dip on a Citron Research report claiming the company...
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Thursday, January 17, 11:23 AM ETShares of Intuitive Surgical (ISRG -2.2%) dip on a Citron Research report claiming the company has made "outrageous marketing claims" that leave it exposed to legal backlash. It goes on to accuse the robotic surgical device maker of failing to adequately disclose the number fatalities and injuries due to da Vinci procedures, and the actual reasons for "such adverse outcomes."
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This news story has 4 comments:
1 - Stick with ISRG and hope this a storm in a teacup, that short sellers are just trying to scare you out of a great company!
2 - Take profits here....Even great companies have set backs...Apple recently dropped from $700 to $500 for little apparent reason. Best to always remember a profit isn't a profit until you closed the trade and the money is in your bank. I don't have any axe to grind...but follow ISRG as an interesting growth play. Before making any rash decisions, it's worth reading the above highlighted Citron report.....and take it's findings with a pinch of salt.tc