|Day Low/High||2.05 / 2.15|
|52 Wk Low/High||1.52 / 2.82|
Voxeljet AG (VJET) dove to a one-year low of $15.25 as of 10:17 a.m. on Friday after the industrial 3D printing systems manufacturer priced an offering of American Depositary Shares. The company priced 3 million shares at $15 per ADS. The offering should close on April 16 and includes a 30-day option for underwriters to purchase up to an additional 450,000 shares. Voxeljet expects net proceeds of $41.4 million from the offering, which it plans to use for research and development, sales and marketing, the expansion of its on-demand parts service center and the construction of new ones.
Investors on StockTwits.com say 3D printing companies have just begun printing losses. Many are calling for much steeper declines in the sector.
voxeljet AG (VJET) shares are down -14.9% to $20.72
These stocks look poised to break out and trade higher from current levels.
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Shares plummets once ExOne (XONE) resumed trading following lower-than-expected full-year guidance.
3d printing stocks such as Stratasys (SSYS), 3D Systems (DDD), ExOne (XONE) and Voxeljet (VJET) are being pummeled on Tuesday.
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Confession: I had never heard of Voxeljet, the 3-D printing company, until yesterday. That's when the stock collapsed after Citron Research wrote a scathing report. Voxeljet's crash landing pulled down the other 3-D printing companies in classic knee-jerk fashion. Could they all bounce back? Today all but Voxeljet did.In the end, as even Green Mountain shows today, in this market it's more about the story than the substance. Make no mistake about it: 3-D printing is real and will likely revolutionize manufacturing as we know it today. Who knows, maybe soon the 3-D printing and Green Mountain stories will morph to Green Mountain using 3-D printers to create its K-Cups. Then there's Tesla. No talk of 3-D created Tesla cars, yet, but no dispute that the Tesla is a really cool car that has already turned the auto world on its head. But any of these companies really worth what they're trading at? Of course not. Certainly not now.
3D printing stocks Stratasys (SSYS), 3D Systems (DDD), Voxeljet (VJET) and ExOne (XONE) were rallying on Monday before a stray comment from activist investor Carl Icahn reversed market gains.
Cramer says investors should stock up on F5 Networks but is cautious on Voxeljet.
3D printing companies proved popular on Monday as 3D Systems (DDD), Stratasys (SSYS), ExOne (XONE) and Voxeljet (VJET) made fresh gains.
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