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Mako Surgical’s Stock Takes A Big Hit
Posted 05/14/12 at 09:59 AM
... Stock drops from $41 to $21. Many reasons given: slow sales of RIO systems; utilization rates of existing systems are down; class action suits; and investor restlessness.
... The problem of utilization rates, ie, systems sitting idle; of surgeons taking a long time to learn to effectively use the system, is not limited to MAKO. It’s just not talked about publicly.
