Why Desktop Metal Stock Just Popped 11%
Shares of industrial 3D printer maker Desktop Metal (NYSE: DM) stock jumped after the company beat analyst sales projections this morning, and are up 11% as of 11 a.m. ET.
Wall Street had forecast that Desktop Metal would book sales of only $49.6 million in the fourth quarter of 2021. Instead, the company reported sales of $56.7 million -- and then followed that up with a prediction of better-than-expected sales in fiscal 2022.
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Source Fool.com
