Radar Movers: IBM and Microsoft Sink After Quarterly Results, Chipotle Jumps 4%

Intuitive Surgical (NASDAQ:ISRG) shares plunged more than 11 percent in late afternoon hours. Due to weak demand, the company cut its sales forecast for this year. Sales also came in weaker than expected for the second quarter, and the company announced it received a notice from the FDA regarding a facilities inspection.