Intuitive Surgical (NASDAQ:ISRG) stock is getting a boost on Friday as investors celebrate approval of da Vinci 5 by the Food and Drug Administration (FDA).
Da Vinci 5 is the next generation of Intuitive Surgical’s multiport robotic system that has been used in more than 7 million procedures. The newest version brings with it increased performance, an enhanced 3D imaging system and new Force Feedback technology.
Myriam J. Curet, M.D., Chief Medical Officer of Intuitive Surgical, said the following about the da Vinci 5.
“We strive to provide customers with technology that meets their needs and solves important problems. We intend to launch da Vinci 5 more broadly in the U.S. and globally after we learn from and work with an initial smaller number of customers directly.”
Investors looking for more details about the da Vinci 5 launch will get them on Monday. The company plans to hold a conference call before markets open that day to discuss its plans.
How This Affects ISRG Stock Today
ISRG stock started off normal trading hours this morning with more than 582,000 shares traded. The company’s daily average trading volume is about 1.6 million shares.
ISRG stock is up 1.3% as of Fridya morning.
Investors can check out more of the latest stock market stories today below!
We have all of the hottest stock market news worth reading about on Friday! Among that is what has shares of Rivian (NASDAQ:RIVN), Kopin (NASDAQ:KOPN) and Eterna Therapeutics (NASDAQ:ERNA) stock moving today. All of that info is ready to go at the following links!
More Friday Stock Market News
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
