Why Nano-X Imaging Stock Soared Today

Nano-X has the FDA's backing. Now it just needs to make some money.Nano-X Imaging (NNOX 15.00%), the Israeli X-ray imaging company that hopes to disrupt the medical devices market with a business model charging per X-ray delivered rather than simply selling X-ray machines, jumped in Thursday trading, rising 14.2% through 12:30 p.m. ET.Why? This morning, Nano-X announced that it has received clearance from the U.S. Food and Drug Administration (FDA) to use its Nanox.ARC X technology to produce "tomographic i ...