Nano Dimension Buys Stratasys, Bristol Myers’s Shopping Spree, Apple Gets a ‘No’
Another acquisition for Bristol Myers, another acquisition offer from Nano Dimension, and Apple's Watch woes.
Headquartered in Waltham, MA Fiscal year ends December NASDAQ: NNDM nano-di.com
Nano Dimension Ltd. (Nasdaq: NNDM) is a digital manufacturing technology company serving customers in the defense, aerospace, automotive, electronics, and medical device industries. The company's portfolio includes the Essemtec product line focused on electronics manufacturing and surface-mount technology solutions, and Markforged (pending sale to Stratasys), which provides industrial 3D printing and additive manufacturing systems. Nano Dimension has been undergoing a strategic transformation, actively divesting non-core assets including its additively manufactured electronics (AME) and Fabrica product lines, while focusing on cost reduction, operational efficiency, and capital return to shareholders. The company maintains significant liquidity of over $433 million in cash, deposits, and marketable securities. Updated
Another acquisition for Bristol Myers, another acquisition offer from Nano Dimension, and Apple's Watch woes.
Stocks were roughly evenly split between winners and losers in the noon hour Wednesday. The stocks trading higher were putting up better numbers, however.
Vaccine maker Moderna has announced it is working on a new vaccine, and another COVID-19 treatment is getting hammered.
One of Cathie Wood's ARK Invest exchange-traded funds bought nearly 200,000 shares of Nano Dimension on September 2.
Share prices of two favorite meme stocks headed in different directions just after the noon hour Tuesday.
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Trading in meme stocks through the noon hour Thursday was more balanced than on Wednesday, when nearly every issue traded lower.
Nano Dimension Ltd. (Nasdaq: NNDM) is a digital manufacturing technology company serving customers in the defense, aerospace, automotive, electronics, and medical device industries.