Q2 Earnings Outperformers: Desktop Metal (NYSE:DM) And The Rest Of The Custom Parts Manufacturing Stocks [Yahoo! Finance]
Desktop Metal, Inc. Class A (DM)
Last desktop metal, inc. class a earnings: 11/1 07:31 am
Check Earnings Report
US:NYSE Investor Relations:
dommidstream.com/investors
Company Research
Source: Yahoo! Finance
Onshoring and inventory management–themes that grew in focus after COVID wreaked havoc on global supply chains–are tailwinds for companies that combine economies of scale with reliable service. Many in the space have adopted 3D printing to efficiently address the need for bespoke parts and components, but all companies are still at the whim of economic cycles. For example, consumer spending and interest rates can greatly impact the industrial production that drives demand for these companies' offerings. The 4 custom parts manufacturing stocks we track reported a softer Q2. As a group, revenues missed analysts' consensus estimates by 5.1% while next quarter's revenue guidance was 6.7% below. After much suspense, the Federal Reserve cut its policy rate by 50bps (half a percent) in September 2024. This marks the central bank's first easing of monetary policy since 2020 and the end of its most pointed inflation-busting campaign since the 1980s. Inflation had begun to run hot in 2021
Show less
Read more
Impact Snapshot
Event Time:
DM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DM alerts
High impacting Desktop Metal, Inc. Class A news events
Weekly update
A roundup of the hottest topics
DM
News
- Desktop Metal Earnings: What To Look For From DM [Yahoo! Finance]Yahoo! Finance
- Footwork, Construct Capital, and Bessemer Venture Partners discuss how to raise capital in 2025 at TechCrunch Disrupt 2024 [TechCrunch]TechCrunch
- Nano Dimension Acquisition of Desktop Metal Receives Support from Leading Proxy Advisory Firm - ISSBusiness Wire
- Desktop Metal Qualifies Continuum’s Recycled Superalloy for Use on its Metal Binder Jet 3D PrintersBusiness Wire
- Desktop Metal’s Transformative Metal Manufacturing Technologies to be Showcased at IMTS 2024Business Wire
DM
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- DM's page on the SEC website