Desktop Metal (DM) stock price dropped almost 30% to $17.35 during the premarket trading session. There doesn’t appear to be any company’s exclusive update that caused DM’sshare price to drop that much today, and investors may want to take notice of this development.
Last week, Burlington-based Desktop Metal Inc. (NYSE: DM) gained public exposure on the New York Stock Exchange.
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
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