I have been holding this for years, when it was originally - hmmm I forget now. Reading through the news, it seems like it may become an MLP, but confused myself.
I agree, looks up from here. The Amazon withdrawal is old news and the loss from it was not unexpected.
Despite MAKO Surgical (Nasdaq: MAKO) being a competitor to Intuitive Surgical (Nasdaq: ISRG), one analyst thinks that recent headlines tied to an FDA probe of Initiive's robots won't change too much between the two.
Summer Street'sMark Landy said that MAKE will have "no impact" on the Inituive safety issue "overhang." MAKO might see an opportunity on its intellectual property, he noted.
Landy said that MAKO is all about "tactile feedback/nonverbal communication involving touch (haptics)." Thursday, Bloomberg quoted a doctor as saying that patients "needed to know the truth about robotic surgery...[Intuitive's da Vinci robot has a lack of] tactile feedback, which can spur 'inadvertent injuries...'"
MAKO offers its surgeon-controlled RIO Robotic Arm Interactive Orthopedic System.
Shares of MAKO are down 2.4 percent Friday, while Intuitive is up 8.6 percent following an 11 percent drop Thursday.