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DM / 3D printer Desktop Metal stock jumps after plan to cut jobs, that could affect more than 200 employees

Shares of Desktop Metal Inc. DM, +10.71% jumped 6.5% toward a two-month high in premarket trading Thursday, after the Boston-based 3D printing company said it would lay off about 15% of its employees and close four facilities. The moves are part of a cost-cutting plan, of which the company doubled its targeted annual savings to $100 million in 2023. Read More

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DM

Posted: Feb 2 2023, 08:12

Author Name: Market Watch

DM News

By Business Wire
November 2, 2023

Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended Sep

By Market Watch
October 9, 2023

Desktop Metal's stock falls toward 9-month low after ‘poison pill' plan terminated

Shares of Desktop Metal Inc. DM, +2.40% dropped 1.6% toward a nine-month low in premarket trading Monday, after the 3D printer company said it termina

By Seeking Alpha
July 26, 2023

Desktop Metal: Scaling Additive Manufacturing

Desktop Metal is struggling to establish its business in a challenging macro environment, but its single pass jetting technology could provide signifi

By Seeking Alpha
June 16, 2023

Desktop Metal: High Ambitions Despite Macroeconomic Pressures

Desktop Metal has a clear mission to achieve a significant market share in additive manufacturing. The company is strategically focused on driving org

By The Motley Fool
June 8, 2023

Is Stratasys' Deal for Desktop Metal Bad News for Investors?

First Nano Dimension said it wanted to buy Stratasys. Then Stratasys said it intends to buy Desktop Metal.

By Seeking Alpha
May 10, 2023

Desktop Metal, Inc. (DM) Q1 2023 Earnings Call Transcript

Desktop Metal, Inc. (NYSE:DM ) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Jay Gentzkow - Vice President of Investor

By Zacks Investment Research
May 10, 2023

Desktop Metal, Inc. (DM) Reports Q1 Loss, Misses Revenue Estimates

Desktop Metal, Inc. (DM) came out with a quarterly loss of $0.08 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.14 p

By Business Wire
April 6, 2023

Desktop Metal to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended Mar

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