Intuitive Surgical Stock Drops 6%: Why ISRG Hit A Fresh 52-Week Low Today
Intuitive Surgical shares dropped 6.6% Monday to $417.80, hitting a 12-month low after the FDA classified a recall of its SureForm stapler reloads as the most serious type, citing four injuries and one death. The company reported first-quarter revenue up 23% to $2.77 billion, but warned tariffs and safety issues could affect 2026 results. Johnson & Johnson advanced its rival OTTAVA robot in a key gastric-bypass study.