Nano Dimensions (NNDM) Corrects From The Recent Highs On Broader Market Weakness

The stock of 3D printing company Nano Dimensions (NASDAQ: NNDM) has been one of the major gainers this year so far. The stock had had its peak earlier on in February, but it has corrected sharply since and declined by as low as 45%.

Nano Dimensions (NNDM) Corrects From The Recent Highs On Broader Market Weakness

However, at the same time, it is important to point out that despite the fall, the Nano Dimensions stock is up by 1000% in 2021 so far. Considering the sort of gains made by the stock, it could be worthwhile for investors to take a closer look at the stock.

The company is involved in a specialized niche in the 3D printing industry. Nano Dimensions is engaged in creating 3D printed circuit boards and similar other products. More importantly, the company managed to raise around $1 billion over the course of the past year and does not have any debts on its books either. Hence, it is easy to see why investors might be attracted to the stock.

Alex Krakowsky

Editor in Chief.Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life