Nano Dimension stock set to snap record win streak after reporting preliminary revenue results

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Shares of Nano Dimension Ltd. fell 1.0% in premarket trading Thursday, putting them in danger of snapping a record-long win streak, after the 3D printer...

Shares of Nano Dimension Ltd.

fell 1.0% in premarket trading Thursday, putting them in danger of snapping a record-long win streak, after the 3D printer company reported preliminary second-quarter revenue results. The stock had soared 34.8% amid a seven-session win streak through Wednesday, which surpassed the previous record of six-sessions achieved four times since the stock went public in mid-2015. The company said second-quarter revenue rose 33% from a year ago to $14.8 million.

fell 1.0% in premarket trading Thursday, putting them in danger of snapping a record-long win streak, after the 3D printer company reported preliminary second-quarter revenue results. The stock had soared 34.8% amid a seven-session win streak through Wednesday, which surpassed the previous record of six-sessions achieved four times since the stock went public in mid-2015. The company said second-quarter revenue rose 33% from a year ago to $14.8 million.

but Stratasys said last week that it was sticking with its merger deal with Desktop Metal Inc. DM Nano Dimension’s stock has run up 16.9% over the past three months through Wednesday, while the S&P 500 SPX has tacked on 8.3%.

 

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