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Desktop Metal, Inc. - $DM STOCK NEWS

Welcome to our dedicated page for Desktop Metal news (Ticker: $DM), a resource for investors and traders seeking the latest updates and insights on Desktop Metal stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Desktop Metal's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Desktop Metal's position in the market.

Rhea-AI Summary
Desktop Metal launches ETEC Pro XL, a premium polymer DLP printer at a price below $40,000. The printer offers extreme accuracy, resolution, and surface finish in a large build area with high throughput speeds. It features a 4K ultra high-definition projector, HyperPrint technology for faster print times, and compatibility with a wide range of industrial, jewelry, and health photopolymers. The ETEC Pro XL is based on the reliable chassis of the EnvisionTEC Perfactory and is Additive Manufacturing 2.0 enabled.
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End-of-Day
1.56%
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Rhea-AI Summary
Desktop Metal terminates merger agreement with Stratasys Ltd.
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Desktop Health's Flexcera Smile Ultra+ dental resin is now available for purchase in Europe after receiving Class IIa medical device certification under EU MDR.
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End-of-Day
-2.99%
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Rhea-AI Summary
Desktop Metal launches Live Monitor, a software application that provides real-time data from printing systems to improve efficiency and management. Live Monitor offers helpful dashboards for capacity planning and maintenance management. It will be offered to users of select Desktop Metal printers and furnaces, with plans to expand to other equipment brands.
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-4.96%
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Rhea-AI Summary
Desktop Metal stockholders approve merger agreement with Stratasys, but Stratasys stockholders do not vote in favor, resulting in termination of the agreement. Desktop Metal remains confident in its business trajectory and focuses on reducing costs and generating revenue. Cash on hand is $127.6 million.
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End-of-Day
-1.42%
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Stratasys terminates merger agreement with Desktop Metal and explores strategic alternatives. Shareholder rights plan extended. No concrete numbers provided.
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-1.42%
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Rhea-AI Summary
Stratasys urges shareholders to vote 'FOR' proposals related to the merger with Desktop Metal, highlighting the significant growth opportunities and creation of a leading additive manufacturing company. The merger is expected to generate $1.6+ billion of revenue and $300+ million of EBITDA in 2026, forming a >$1B AM company with a 20% pro forma EBITDA margin. Sell-side analysts agree that the combination creates a clear industry leader and makes sense.
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End-of-Day
4.7%
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ExOne and BMW Group utilize binder jet 3D printers for serial production of casted powertrain components.
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4.7%
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Stratasys highlights challenges with 3D Systems' inadequate offer
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2.91%
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Stratasys urges shareholders to vote 'FOR' merger agreement with Desktop Metal, creating an additive manufacturing powerhouse. Combination with Desktop Metal expected to double Stratasys' total addressable market for manufacturing by 2027. Cost synergies of $50+ million and revenue synergies of $50M expected by 2025. Transaction expected to generate $1.6+ billion of revenue and $300+ million of EBITDA in 2026.
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Rhea-AI Sentiment
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-1.3%
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Desktop Metal, Inc.

NYSE:DM

DM Rankings

DM Stock Data

185.62M
226.67M
23.29%
48%
19.78%
Other Industrial Machinery Manufacturing
Manufacturing
Link
United States of America
BURLINGTON

About DM

desktop metal is reinventing the way design and manufacturing teams produce metal parts - from prototyping through mass production. our team is built around the disciplines of materials science, hardware and software engineering, and design. we have raised $212 million in equity funding with investment from technology leaders including google, bmw, lowe’s, and kleiner perkins caufield & byers. in 2017, the company was selected as one of the world’s 30 most promising technology pioneers by world economic forum, and was recently named to mit technology review’s list of 50 smartest companies. located just outside of boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.