Intuitive Surgical (NASDAQ:ISRG) continued its rally after the close with another better than expected earnings report. The stock is currently trading up about 6% in the pre-market.
Regular readers of Bespoke will know that ISRG is a volatile stock on earnings that usually surprises to the upside. Even though the stock is trading higher this morning, when it gaps up on earnings, it has averaged a further gain of 5.35% from the open to the close.
Below we highlight ISRG's historical quarterly reports, along with the move in the stock in reaction to the report. Reports shaded in light blue are times when the stock gapped higher by more than 5% (as it is doing now). As shown, every time it has happened, the stock has continued higher from open to close.