XONE - Desktop Metal 3D printer peers slide as Velo3D preps to go public

Earlier today, SPAC JAWS Spitfire Acquisition confirmed a deal to take 3D printer Velo3D public in a deal that values Velo3D at $1.6B and will leave the company with up to $500M in cash proceeds.Velo3D is following in the footsteps of peer Desktop Metal ([[DM]] -7.5%), which went public in a $4.5B SPAC merger in December.3D printing peers also trading in the red today: 3D Systems ([[DDD]] -8.0%), Stratasys ([[SSYS]] -7.0%), ExOne ([[XONE]] -7.8%), and Proto Labs ([[PRLB]] -3.8%).Deeper dive: Barry Sternlicht's JAWS Spitfire SPAC confirms deal for Velo3D.

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Desktop Metal, 3D printer peers slide as Velo3D preps to go public