Why Intuitive Surgical Stock Jumped Today

Shares of Intuitive Surgical (NASDAQ: ISRG) had jumped by 5.3% as of 3:22 p.m. ET on Tuesday. The solid gain came as the overall market rose due in large part to waning concerns about the omicron variant.

It's still too early to know for sure what the full impact of the omicron variant will be. But many scientists, including Dr. Anthony Fauci, chief medical advisor to President Joe Biden, think that the strain could be milder than feared.

If they're right, it would be great news for Intuitive Surgical. In 2020, the company's business took a hit as healthcare providers postponed nonemergency surgical procedures due to the pandemic.

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Source Fool.com