Market volatility sees Box, Intuitive Surgical, and Surgery Partners stocks decline

Box, Intuitive Surgical, and Surgery Partners stocks fell amid market volatility ahead of the Jackson Hole symposium. Investors await Fed Chair Powell's speech for guidance on interest rates, leading to a cautious market. Box, Intuitive Surgical, and Surgery Partners declined 3.5%, 4%, and 4.1%, respectively. Surgery Partners shares have been volatile, with 13 moves greater than 5% over the last year, but remain 31.9% below its 52-week high.

Investors are bracing for potential market volatility as the Jackson Hole symposium approaches, with Fed Chair Powell's speech expected to provide guidance on interest rates. This has led to a cautious market, with notable declines in the stock prices of Box, Intuitive Surgical, and Surgery Partners. On July 2, 2025, Box (NASDAQ:BOX) fell by 3.5%, Intuitive Surgical (NASDAQ:ISRG) dropped by 4%, and Surgery Partners (NYSE:SP) decreased by 4.1%. Surgery Partners shares have been particularly volatile, with 13 significant price movements greater than 5% over the past year, but remain 31.9% below their 52-week high.

The Jackson Hole symposium is a key event for investors, as it provides insights into the Federal Reserve's monetary policy and potential interest rate changes. Powell's speech is anticipated to offer clarity on the central bank's stance on inflation and economic growth, which could influence market sentiment and stock prices.

Intuitive Surgical, a leader in robotic surgery, reported strong financial results for Q2 2025, with revenue reaching $2.44 billion, representing a 21% year-over-year growth. The company's stock, however, has shown mixed reactions, closing down 1.09% on August 14, 2025, despite a modest premarket uptick of 0.36% on August 15. The successful launch of its next-generation da Vinci 5 platform has contributed to the company's growth, with early adoption metrics showing encouraging results [1].

Box, a technology company specializing in cloud-based content management and collaboration, has experienced volatility due to market uncertainty. The company's stock has seen significant price movements, with 13 moves greater than 5% over the last year. Surgery Partners, a provider of surgical instruments and technology, has also faced market volatility, with its stock declining by 4.1% on July 2, 2025.

Investors are closely watching these companies for any signs of recovery or improvement, as market conditions remain uncertain ahead of the Jackson Hole symposium.

References:
[1] https://ca.investing.com/news/company-news/intuitive-surgical-q2-2025-slides-21-revenue-growth-fueled-by-da-vinci-5-adoption-93CH-4161747
[2] https://www.ainvest.com/news/medtronic-q1-earnings-outlook-valuation-attractiveness-strategic-entry-point-shifting-medtech-landscape-2508/