DM Stock Recent News

The penny stock sector, characterized by its volatility, often undergoes rapid surges and declines due to factors like low volume, cheap pricing, and operational dynamics. Still, for well-informed investors, certain penny stocks present opportunities to achieve substantial gains at low costs.

Penny stocks, known for their riskiness, experience rapid surges and falls due to low volume, affordable pricing and operational factors. However, for informed investors, there are penny stocks to buy that offer a chance to secure substantial gains at low costs.

Today, massive short-squeeze opportunities aren't as common as they once were. The advent of rapid, high-frequency trading and automated management systems lets short sellers closely track a stock's movement and jump into action before the conditions for a short squeeze fully materialize.

As measured by the S&P 500, U.S. equities are up a solid 10% since January 1st; one segment hasn't yet caught up to the running bull market: the penny stock sector. The Russell 2000, a reasonable proxy for penny stocks to buy, returned just under 3% over the same period — but that may soon change.

Sometimes the marquee names in the technology sector are not enough. The valuations of the ‘Majestic Seven' appear to some as being grossly inflated.

Desktop Metal, Inc. (NYSE:DM ) Q3 2023 Earnings Conference Call November 9, 2023 12:00 PM ET Company Participants Michael Jordan - VP, Finance & Treasury Ric Fulop - CEO, Founder Jason Cole - CFO Conference Call Participants Greg Palm - Craig-Hallum Operator Greetings and welcome to Desktop Metal's third-quarter 2023 earnings conference call. [Operator Instructions].

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended September 30, 2023 before the market opens on Thursday, November 9, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 12:00 p.m. ET to discuss the results. Particip.

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 terminated its shareholder rights plan, also known as a “poison pill,” following company's and Stratasys Ltd.'s SSYS, +0.16% termination of their merger agreement.

BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2023 after the market closes on Thursday, August 3, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 4:30 p.m. ET to discuss the results. Participants ma.

Desktop Metal is struggling to establish its business in a challenging macro environment, but its single pass jetting technology could provide significant upside. While the company's financials are currently poor, margins should improve over time provided growth is robust. Desktop Metal's future is uncertain due to competing technologies, poor margins, a weak balance sheet, and the unknown outcome of a potential takeover by Stratasys.