why is nano dimension stock falling today

by Dr. Lelah Wintheiser PhD Published 3 years ago Updated 2 years ago

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.

Full Answer

How did Nano Dimension’s revenue increase 107% in Q3 2021?

Jan 26, 2022 · Now what. Even with some significant pricing recovery in today's trading session, Nano Dimension stock has slid roughly 79% over the last year. NNDM data by YCharts. The company now has a market ...

What's new at Nano Dimension?

Feb 16, 2021 · Shares of Nano Dimension ( NNDM -2.81% ) have plummeted as much as 10% today after the company priced yet another direct offering. The deal priced at $12.80 per American depositary share (ADS ...

When is Nano Dimension's earnings release date?

Apr 13, 2022 · Why Nano Dimension Stock Soared and Then Fell Today finance.yahoo.com - January 26 at 7:59 PM: ... Why Nano Dimension's Stock Is Soaring Today finance.yahoo.com - November 24 at 2:43 PM: Nano Dimension’s Revenue Increased by 107% in 9 Months and by 206% in 3 Months Ended 09/30/2021, Compared to 09/30/2020; 65% Increase Over Q2/2021 ...

Can cannacord Genuity buy nano dimension stock at $2?

Apr 11, 2022 · Nano Dimension's stock was trading at $53.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NNDM stock has decreased by 94.7% and is now trading at $2.80. View which stocks have been most impacted by COVID-19.

Why is Nano Dimension stock down?

The significant underperformance of the ARK funds last year (down ~19%) and the associated negative sentiment with that decline may have contributed to the extreme selloff in Nano Dimension stock.Jan 4, 2022

What happened nano dimensions?

Since then, however, Nano Dimension has lost about 80% of its value, falling to a share price of $3.9, giving it a market cap of under $1 billion. In fact, the company's market cap is now lower than the amount of cash it held at the end of the third quarter, which was nearly $1.4 billion.Jan 6, 2022

Will Nano Dimension stock go up?

Nano Dimension Ltd holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks.
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Predicted Opening Price for Nano Dimension Ltd of Monday, May 9, 2022.

Fair opening price May 9, 2022	Current price
$2.83	$2.80 (Undervalued)

Is Nano Dimension a good stock to buy?

Based on the company's weak financials, we think NNDM is not strategically positioned to gain from the industry tailwinds in the near term. In addition, the stock is currently trading below its 50-day and 200-day moving averages of $5.66 and $7.19, indicating a bearish sentiment. So, the stock is best avoided now.Nov 29, 2021

Why is nano dimensions going up?

The company attributed the significant sales increase to higher sales of its DragonFly 3D printing systems in addition to revenue generated by Fabrica 2.0 machines, which are capable of printing microparts with resolution on the micron level.Nov 24, 2021

What is Nano Dimension company?

Nano Dimension Ltd. is a 3D printing company. The Company focuses on the research and development of 3D printed electronics that includes a printer for multilayer printed circuit boards, and the development of nanotechnology based inks.

What is the target price for nano dimension?

^$10.00

Stock Price Target NNDM

High	^$10.00
Median	^$10.00
Low	^$10.00
Average	^$10.00
Current Price	^$2.61

Will Bionano Genomics stock go up?

Stock Price Forecast

The 3 analysts offering 12-month price forecasts for Bionano Genomics Inc have a median target of 8.00, with a high estimate of 12.00 and a low estimate of 6.00. The median estimate represents a +483.94% increase from the last price of 1.37.

Will Zom stock go up?

There is potential for a short term uptick in the Zom stock price, especially as the active weekly candle is mildly bullish. The relative strength index is relatively oversold and has been for quite some time.Feb 4, 2022

Does Cathie Wood own nano dimension?

Wood has accomplished this by picking market-leading companies that put an emphasis on innovation in their respective industries. Holdings such as Nano Dimension (NNDM -4.11%), Teladoc Health (TDOC -6.04%), and Twitter (TWTR -1.11%) have the potential to boost those returns further.Oct 19, 2021

Is Nano Dimension undervalued?

The stock of Nano Dimension (NAS:NNDM, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.Apr 25, 2021

What is the future of Tilray stock?

The average one-year Tilray share price forecast is $10.31 a potential upside of 28%. The high price target is set at $23, while the low is at $6. According to the algorithm-based forecasting website WalletInvestor on 6 April, the stock could continue to decline and in 12 months' time fall to $5.3.Apr 6, 2022

How has Nano Dimension's stock price been impacted by COVID-19 (Coronavirus)?

Nano Dimension's stock was trading at $53.00 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health...

When is Nano Dimension's next earnings date?

Nano Dimension is scheduled to release its next quarterly earnings announcement on Wednesday, May 18th 2022. View our earnings forecast for Nano D...

How were Nano Dimension's earnings last quarter?

Nano Dimension Ltd. (NASDAQ:NNDM) announced its quarterly earnings results on Wednesday, March, 10th. The technology company reported ($0.20) earni...

When did Nano Dimension's stock split? How did Nano Dimension's stock split work?

Nano Dimension shares reverse split on Monday, June 29th 2020. The 1-50 reverse split was announced on Tuesday, June 16th 2020. The number of share...

What guidance has Nano Dimension issued on next quarter's earnings?

Nano Dimension issued an update on its FY 2021 earnings guidance on Monday, February, 14th. The company provided earnings per share guidance of for...

Who are Nano Dimension's key executives?

Nano Dimension's management team includes the following people: Mr. Yoav Stern , CEO & Chairman (Age 66, Pay $588k) Mr. Amit Dror , Co-Founder,...

Who are some of Nano Dimension's key competitors?

Some companies that are related to Nano Dimension include Sanmina (SANM) , Plexus (PLXS) , Celestica (CLS) , TTM Technologies (TTMI) , CTS (CT...

What other stocks do shareholders of Nano Dimension own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nano Dimension investors own include Sorrento Therapeutics...

What is Nano Dimension's stock symbol?

Nano Dimension trades on the NASDAQ under the ticker symbol "NNDM."

How much money does Nano Dimension have in 2020?

In a letter to shareholders earlier this month, CEO Yoav Stern estimated that the company's 2020 revenue was approximately $3.4 million. At the end of the year, Nano Dimension had $990 million in cash on the balance sheet before factoring in the subsequent capital raises. The COVID-19 pandemic crushed sales of Nano Dimension's DragonFly systems, and the company had expected to post no revenue last year.

Does Evan Niu have a position in Motley Fool?

Evan Niu, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

About Nano Dimension

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally.

Nano Dimension (NASDAQ:NNDM) Frequently Asked Questions

Nano Dimension's stock was trading at $53.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NNDM shares have decreased by 93.4% and is now trading at $3.49. View which stocks have been most impacted by COVID-19.

10 3D Printing Companies to Watch in 2022

In this article, we discuss the 10 3D printing companies to watch in 2022. If you want to skip our detailed analysis of these companies, go directly to 5 3D Printing Companies to Watch in 2022. Thought of as something straight from a science fiction novel up until a few decades ago, 3D printing has […]

Why Nano Dimension Stock Soared and Then Fell Today

Stocks saw volatile swings again today, but Nano Dimension (NASDAQ: NNDM) still managed to close out the day's session in the green. The stock had been up by as much as 12.8% in the daily session, but the Federal Reserve's confirmation that it would soon be raising interest rates to help curb inflation prompted pullbacks across the market.

9 3D Printing Stocks Hedge Funds Like

In this article, we will be looking at some 3D printing stocks bought by hedge funds. If you want to skip our comprehensive analysis on the 3D printing industry, you can go directly to the 5 3D Printing Stocks Hedge Funds Like. 3D Printing or Additive Manufacturing is the process of creating a three-dimensional object through […]

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AlphaCentric Robotics and Automation Fund Buys ABB, Vuzix Corp, PROCEPT BioRobotics Corp, Sells ..

Investment company AlphaCentric Robotics and Automation Fund (Current Portfolio) buys ABB, Vuzix Corp, PROCEPT BioRobotics Corp, AEye Inc, BioXcel Therapeutics Inc, sells Harmonic Drive Systems Inc, Ouster Inc, THK Co, D8 Holdings Corp, Nano Dimension during the 3-months ended 2021Q3, according to the most recent filings of the investment company, AlphaCentric Robotics and Automation Fund..

Why Nano Dimension's Stock Is Soaring Today

Reporting third-quarter earnings this morning before the opening bell, Nano Dimension (NASDAQ: NNDM) is giving investors an extra something to be thankful for. As of 1:27 p.m. ET today, shares of the 3D printing stock are up 12.5%.

7 Best 3D Printing Stocks to Buy for Printing Profits in 2022

3D printing is an additive process in which successive layers of materials are laid down to create a printed object. That’s obvious and it clearly indicates how the process received its additive manufacturing alias. It’s ebbed and flowed in terms of popularity. A simple search of volume for the term “3D printing” proves as much.

How much did Nano Dimension sales drop in 2020?

Covid-19 did a number on Nano Dimension’s sales. Businesses slowed their capital spending plans. As a result, revenues in 2020 dropped by 52% to $3.4 million from $7.1 million a year earlier. On the plus side, its Q4 sales of $1.97 million were flat to Q4 2019 and 350% higher on a sequential basis from the third quarter.

How much did 202o lose?

That will help cover losses for several years. In 202o, it lost $48.5 million, up from an $8.4 million loss in 2019. Most of the loss was due to increases in share-based compensation. That’s not unexpected from a growth technology company.