VOLUME ALERT: Chindex (CHDX, ISRG)

Posted in General 
July 23rd, 2009

Chindex International Inc. (Nasdaq: CHDX) shares are up 13 percent to $13.59 with nearly two times average daily volume traded as of 10:45 a.m. Eastern. The company appears to be benefiting from strong earnings results from Intuitive Surgical Inc. (Nasdaq: ISRG), which beat expectations and increased its procedure growth guidance for 2009 to more than 45 percent, vs. 40 percent previously. Chindex is a distributor of Intuitive’s main product, the Da Vinci system, in China. — Mike Tarasla

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