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