Check the background of this firm on FINRA's BrokerCheck.

Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

Check the background of this firm on FINRA's BrokerCheck.

Diamonds and Dogs

7/9/13

Intuitive Surgical Inc. (ISRG)

Intuitive Surgical is cutting through its share price today, down 16.15% at $419.30. The robotic surgery company saw its shares crash after releasing its second quarter forecast. Intuitive Surgical said it believes its quarterly revenue will grow 6%t to $575 million. That's about $50 million less than analysts were projecting. The company said its revenue has been hurt by the weak economy, reduced hospital admissions, and by conservative management choices on the part of health insurers. Intuitive Surgical shares dropped to a new 52-week low of $406.70, intraday.

Organovo Holdings Inc. (ONVO)

Organovo Holdings is trading in the green today, up 26.15% $4.92. The 3D bio-printing company saw its shares jump after news that the New York Stock Exchange has approved Organovo to trade on its exchange. The NYSE stated that the company will be begin trading on its exchange on July 11th. Investors seem to feel that moving from the OTC (over the counter) market to the NYSE will benefit the company and help shares climb higher. Shares of Organovo climbed up over $5.00 today on the news; getting closer to their 52-week high of $6.35.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.