When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
DMC Global's (BOOM) top line and margin deteriorated considerably in Q2 as the customers opted for the cheaper component perforating gun providers. Low volume and capacity utilization of the production facilities led to cost under-absorption, which put enormous pressure on the operating margin in Q2. As I do not see the company reclaiming market share in Q3, the stability in the backlog and the DUC well count resilience signals a potential recovery in the medium term.
I think a technologically superior product suite related