Intuitive Surgical (NASDAQ:ISRG) slides 6%; HCA surgery slowdown sharpens Q2 valuation test
Intuitive Surgical, Inc. sank 6.2% on Tuesday, on the same day HCA Healthcare, Inc. disclosed falling surgical volumes, creating an unusually timely demand test before the robotic-surgery maker’s second-quarter report. The stock’s valuation of 46.4 times trailing earnings leaves little room for a soft utilization number.