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Intuitive Surgical plans stock split as shares near $1,000

“ISRG, +1.38% announced Friday afternoon that it plans a 3-for-1 stock split as the company’s shares near $1,000 apiece” writes Jeremy C for marketwatch.com. If the move is approved, investors who hold the stock as of Sept. 29 would receive two additional shares for every one they own ahead of the open of trading on Oct. 6. Intuitive Surgical shares have gained 48.6% so far this year, as the S&P 500 index SPX, +0.13% has gained 8.9%, and closed Friday at $942.25; the stock gained about 0.3% in late trading after the split was announced Friday.
 
Source: marketwatch.com



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