Why Nano Dimension Stock Fell Sharply on Monday
Shares of computer hardware company Nano Dimension (NASDAQ: NNDM) nose-dived on Monday. The stock fell as much as 24.6%, but as of 12:05 p.m. EDT today, it had trimmed its loss to about 19%.
The tech stock's decline follows news that the company is raising capital through a direct offering of its shares, which will dilute shareholders' ownership.
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Source Fool.com