Shares of RITA Medical Systems(RITA) rose almost 3% on Friday as volume spiked 140% above the 3-month daily average.
There were no significant news releases or other significant events that could be detected.
RITA Medical engages in the development, manufacture, and marketing of products that use radiofrequency energy to treat patients with cancerous or benign tumors.
The company carries more debt ($9 million) than it holds in cash ($6 million).
Sales have been increasing substantially over the last three years, but net loss has not improved.
Shares of RITA Medical closed at $4, almost 14% away from the 52-week high of $4.65
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.