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Why ViewRay, Inc. Jumped Today

TheMotleyFool

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Shares of ViewRay (NASDAQ: VRAY), the manufacturer of the MRIdian Linac system, rose 15% as of 3:30 p.m. EST on Thursday on big volume. However, there wasn't any company-specific news to justify the big move, so investors can likely chalk up the jump to continued momentum.

ViewRay reported its third-quarter results earlier this week. Here's a quick review of the headline numbers:

Management also shared that it was recently awarded a tender offer for a system placement in Zurich. That's on top of the two bookings that it recorded in Denmark earlier this month.

Source: Fool.com

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