Accuray Stock Nearly Hit 50 Cents — Then the Rally Faded
Accuray Inc. shares fell 0.9% to $0.3712 by late morning in New York after an early surge to $0.4982, with over 14.4 million shares traded. The drop followed the company’s withdrawal of 2026 guidance, citing Middle East shipment delays and a 7% revenue decline last quarter. Analyst downgrades and a May 22 SEC filing showing TCW’s 13.7% stake added pressure. No new corporate news was released Wednesday.