Bay Area’s Intuitive Surgical Jumps Amid Takeover Rumors

Intuitive Surgical stocks are up today on rumors that the company may be looking at a takeover from a larger player in medtech.

Shares have ticked up nearly 1%, up $7.11 at $769.45 today due to the rumors, according to Seeking Alpha.

The Sunnyvale, Cali.-based has seen its shares trend upwards steadily since the 4th quarter of 2015, with the exception of a correction in its last 4th quarter. Share value has risen over 70%, according to Seeking Alpha.

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