Why Is ViewRay (VRAY) Stock Down 69% Today?
VRAY
InvestorPlaceJuly 17, 2023
ViewRay (NASDAQ: VRAY ) stock is falling hard on Monday after the MRI company announced its voluntary Chapter 11 bankruptcy filing! According to the company's bankruptcy filing, ViewRay intends to pursue the sale of its business as part of the Chapter 11 process.
ViewRay: Shares Crater As Company Warns Of Slower Growth, Higher Cash Burn
VRAY
Seeking AlphaApril 13, 2023
Magnetic resonance imaging-guided radiation therapy system provider ViewRay, Inc. has shocked investors with a severe revenue and cash flow warning. Expected 2023 revenue growth range slashed from a range of 25% to 40% to a new range of 0% to 15%.