Billionaire Phillipe Laffont Sells Super Micro Stake, Invests in Intuitive Surgical

Reported 1 day ago

Billionaire investor Phillipe Laffont recently divested Coatue Management's shares in Super Micro Computer while increasing its stake in Intuitive Surgical, a leader in robotic surgery, which has surged 19,390% since its IPO. Despite recent declines in Intuitive Surgical's stock due to profit margin concerns, the company maintains a competitive edge with a significant market presence and recurring revenue from its products.

Source: YAHOO

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