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home / news releases / DM - Why Desktop Metal Stock Got Destroyed Today


DM - Why Desktop Metal Stock Got Destroyed Today

Shares of 3D printing company Desktop Metal (NYSE: DM) exploded higher two weeks ago, soaring 24% on the company's announcement that "pent-up demand" for its 3D printers was so hot that it had to build a whole new facility to accommodate all the new orders it was getting for "P-50 printing systems."

Today, Desktop Metal stock is blowing up in a different way -- a bad way -- as a terrible third-quarter earnings report drives the shares down 18% through 11:40 a.m. EST.

Image source: Getty Images.

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Why Desktop Metal Stock Got Destroyed Today
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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