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Why Novocure Stock Is Jumping Today

Why Novocure Stock Is Jumping Today

Shares of Novocure (NASDAQ: NVCR) were jumping 7.6% higher as of 10:42 a.m. ET on Tuesday. The nice gain came after the company announced that Health Canada approved Optune for treating newly diagnosed and recurrent glioblastoma (GBM), an aggressive form of brain cancer. Canada represents a significant market opportunity for Novocure.