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home / news releases / DM - Why Desktop Metal Fell 12.7% in February


DM - Why Desktop Metal Fell 12.7% in February

Shares of Desktop Metal (NYSE: DM) fell 12.7% in February, according to data provided by S&P Global Market Intelligence . The new-age 3D printing company, which came public in December when it was acquired by SPAC Trine Acquisition, fell in February along with many other high-growth stocks.

Of course, the February fall came after the stock rose handsomely in January, amid market enthusiasm for SPACs and the announcement of another bolt-on acquisition. The current price is still 60% above levels prior to the initial merger in December.

Image source: Getty Images.

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Why Desktop Metal Fell 12.7% in February
Stock Information

Company Name: Dominion Energy Midstream Partners LP representing Limited Partner Interests
Stock Symbol: DM
Market: NYSE
Website: desktopmetal.com

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