Markforged Holding Corporation Common Stock (MKFG)
2.4300
-0.0700 (-2.80%)
Markforged is a technology company that specializes in advanced 3D printing solutions, focusing on the production of high-strength, composite materials for various industrial applications
Their innovative platform combines hardware, software, and materials to enable businesses to streamline their manufacturing processes, reduce costs, and enhance product development. By providing users with the ability to create durable prototypes and end-use parts on demand, Markforged supports a diverse range of industries, including aerospace, automotive, and engineering, effectively transforming traditional manufacturing methodologies.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 1.7% over the past six months. This drop was disappointing since the S&P 500 climbed 5.1%.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Stratasys (NASDAQSSYS) and the rest of the custom parts manufacturing stocks fared in Q3.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at custom parts manufacturing stocks, starting with Proto Labs (NYSEPRLB).
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the custom parts manufacturing industry, including Desktop Metal (NYSEDM) and its peers.
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
3D printer provider Markforged (NYSEMKFG) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 2% year on year to $20.48 million. Its GAAP loss of $1.15 per share was also 62% below analysts’ consensus estimates.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the custom parts manufacturing stocks, including 3D Systems (NYSEDDD) and its peers.
Let’s dig into the relative performance of Stratasys (NASDAQSSYS) and its peers as we unravel the now-completed Q2 custom parts manufacturing earnings season.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Markforged Holding Corporation (NYSEMKFG) to Nano Dimension Ltd. (NasdaqCM: NNDM). Under the terms of the proposed transaction, shareholders of Markforged will receive $5.00 in cash for each share of Markforged that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Nano Dimension will acquire all outstanding shares of Markforged in an all-cash deal at $5.00 per share. The aggregate total consideration payable to Markforged's shareholders is $115 million.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Markforged Holding Corporation (NYSEMKFG) to Nano Dimension Ltd. for $5.00 per share is fair to Markforged shareholders.
Ademi LLP is investigating Markforged (NYSEMKFG) for possible breaches of fiduciary duty and other violations of law in its transaction with Nano Dimension.
Merging of Nano Dimension with Desktop Metal and Markforged Will Have the Scale and Capital to Drive to Profitable Expansion With a Combined 2023 Revenue of $340M Cash & Cash Equivalents Expected at Close of ~$475M
