Why Nano Dimension (NNDM) Leapt 7% In Aftermarket Trading On Friday?

DNAY Stock
DNAY Stock

After-hours trading on Friday saw Nano Dimension Corp (Nasdaq: NNDM) hit $7.97 a share rising 4.73%. The stock saw a decline of -2.31% to $7.61 at the ring of the bell on the day. Financial results scheduled to be announced on Thursday are expected to bolster investor sentiment, thus leading to this rise. More so, the stock is also showing signs of recovery after falling by -22.66% over the past week.

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Recent developments:

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Nano Dimension is an Additively Manufactured Electronics (AME) manufacturer that offers intelligent machines. Active electronic and electromechanical subassemblies are integral components of autonomous in vivo medical devices, cars, satellites, and drones. Consequently, they mandate rapid prototyping and manufacturing, iterative development, ensuring intellectual property protection, and a fast time-to-market. By simultaneously depositing proprietary consumable materials of conductive and dielectric materials, Nano Dimension machines serve cross-industry needs for unparalleled performance and efficiency.

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As to the company’s most recent developments, last Thursday it announced the results of its first AME Academy webinar series, held in the final week of last month.

An evolving curriculum and programs consisting of all the most important technological and business issues applicable to AME are being created by the Academy, led by industry leaders.

MD said that the AME’s first session held on February 23, was a great success.

Seven industry experts presented on the following topics during this six-hour event which was one-of-its-kind:

Speakers at the event included representatives of Nano Dimension, NovaCentrix, nScrypt, IDTechEx, and Electroninks. With other leading suppliers taking part, Nano Dimension has established the AME ACADEMY on Feb 18, 2020.


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