Only optimistic investors see the potential in a direct offering of new shares which improve the overall financial standing of a company. Eventually, grown revenue affects the stock. A couple of hours ago, Nano Dimension (NASDAQ: NNDM) just set a total of $333.5 million for the direct offering which very soon will escalate new projects to improve the revenue.
In 2020 NNDM didn’t make any drastic jump due to a lack of updates from the media but it neither fell nor soared because of sharp volatility. But this year it can have a different move as the demand for semiconductors and graphic cards just soared due to bitcoin’s rocketed price.
So, the computer hardware market will expand again this year. The post-pandemic gaming and mining activities are imminent to rise further. NNDM will sharply grow higher than $15 using the opportunity from the hungry market. More production capacity is going to be added soon right after getting the raised funds from the public.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.