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home / news releases / DM - Why Desktop Metal Stock Tanked Today


DM - Why Desktop Metal Stock Tanked Today

The stock of metallic 3-D printing company Desktop Metal (NYSE: DM) has been one of the year's less impressive special purpose acquisition company (SPAC) IPOs. And it's continuing to not impress on Christmas Eve.

Since closing its IPO Day below $19 a share, Desktop Metal has traded even lower than the IPO Day price. The share price finally began climbing earlier this week, but today, the stock is tanking once again, and was down 9.3% as of 11:30 a.m. EST.

Image source: Getty Images.

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Why Desktop Metal Stock Tanked 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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