Mazor Robotics Ltd - ADR MZOR shares are trading higher by $3.00 (11 percent) at $28.50 in Friday's session.
There is no specific news on the company, which is an Israel-based medical device firm that develops and markets surgical guidance systems and related products.
After a higher open, the stock retreated but found support just under Thursday's close ($25.50) at $25.24 and began to move higher. Once it surpassed its former all-time high ($26.55) around 10:30 a.m. ET, the pace of the rally accelerated as more momentum traders piled into the issue.
The ensuing rally has found some intra-day resistance ahead of the psychological resistance level of $30.00 as $29.91 stands as the high for session. Since reaching that elevated level, it has fallen back into the mid-$28.00 handle.
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