Mako Surgical Google Finance
Mako Surgical and Google Finance
Mako Surgical, now officially Stryker Mako, was a medical robotics company renowned for its innovative robotic-arm assisted surgery systems. While Mako Surgical as a publicly traded entity no longer exists, its historical performance and acquisition by Stryker are still relevant for understanding the evolution of surgical robotics and investment trends in the medical device industry. Google Finance serves as a valuable tool for accessing historical stock data and financial news related to Mako Surgical up until its acquisition.
Prior to its acquisition, Mako Surgical's stock was traded on the NASDAQ exchange under the ticker symbol "MAKO." Using Google Finance, investors could track MAKO's share price fluctuations, analyze trading volume, and review key financial metrics like earnings per share (EPS), price-to-earnings (P/E) ratio, and market capitalization. Google Finance also aggregated news articles and press releases related to Mako Surgical, providing investors with timely information about the company's product developments, regulatory approvals, and financial performance.
The historical data available on Google Finance reveals Mako Surgical's growth trajectory and eventual acquisition. The company experienced periods of rapid growth fueled by the increasing adoption of its RIO (Robotic Arm Interactive Orthopedic) system for partial knee resurfacing and total hip arthroplasty. However, profitability remained a challenge as the company invested heavily in research and development, sales, and marketing to expand its market reach. This often led to volatility in the stock price.
In 2013, Stryker Corporation, a leading medical technology company, announced its acquisition of Mako Surgical for $1.65 billion. This acquisition represented a significant premium over Mako Surgical's then-current stock price, reflecting the strategic value Stryker placed on Mako's robotic surgery technology. Stryker integrated Mako's robotic platform into its orthopedic portfolio, rebranded it as Stryker Mako, and continued to develop and expand its applications.
Following the acquisition, Mako Surgical's stock was delisted from the NASDAQ exchange. Consequently, Google Finance no longer displays real-time stock data for MAKO. However, the historical data remains accessible, providing a record of the company's journey and its impact on the medical technology landscape. Investors and analysts can still utilize Google Finance to examine Mako Surgical's historical financials and stock performance to understand the investment dynamics surrounding the surgical robotics market and the rationale behind Stryker's acquisition.
In conclusion, while Mako Surgical no longer exists as an independent public company, its legacy continues through Stryker Mako. Google Finance provides a valuable resource for accessing historical financial data and news related to Mako Surgical, allowing researchers and investors to understand the company's trajectory and its role in the advancement of robotic-assisted surgery.