Ra Medical Systems shares are trading higher after the company announced it has "undertaken a strong effort to expand its distribution outside of the US." The company last week announced it filed for the CE Mark on LockeT.
Portfolio Pulse from Benzinga Newsdesk
Ra Medical Systems has announced its plans to expand distribution outside of the US. The company recently filed for the CE Mark on LockeT.
July 03, 2023 | 12:43 pm
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POSITIVE IMPACT
Ra Medical Systems' announcement of its plans to expand distribution outside of the US could potentially increase its market reach and revenue, positively impacting its stock.
The company's announcement of its plans to expand distribution outside of the US indicates a potential increase in its market reach and revenue. This could lead to a positive impact on its stock as investors may see this as a growth opportunity.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100