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Why Desktop Metal Popped -- and ExOne Stock Soared

TheMotleyFool

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Why Desktop Metal Popped -- and ExOne Stock SoaredPhoto, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png

It seems The ExOne Company (NASDAQ: XONE) and Desktop Metal (NYSE: DM) are two great tastes that taste great together. Both makers of industrial 3D printing machines, both companies that reported earnings yesterday, these companies have now announced that they plan to merge.

Now here's how they differ: As of 10:45 a.m. EDT today, Desktop Metal stock is up a respectable 2.3% on the earnings and merger news, but ExOne shares are rocketing 40.8%. Why is that?

Image source: Getty Images.

Source Fool.com

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