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Intuitive Surgical Rises on S&P News; Lowers Revenues Guidance
Posted on May 25, 2008
Intuitive Surgical (ISRG) was up Friday on news that it will be added to the Standard & Poor's 500. This will increase demand for shares of the medical device maker because all of the index mutual funds, exchange traded funds and other investors that focus on S&P 500 stocks will buy the shares. ...
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