Almost 2 Years Ago
1 Min Read

Off goes VLD. The stock saw an increase of today. A closer look at the stock:



Shares of Velo3D Inc - New (VLD) are trading 22% higher at a price of $2.305 at the time of this writing. While there is no clear catalyst for the price move, the stock was on the vanguard of several tech gainers moving on the day. Last month the company announced the acquisition of a new Sapphire family printer at one of it's manufacturing partner facilities.

Velo3D Inc - New has been trading between a 52-week high of $13.18 and a 52-week low of $1.28. The stock has a market cap of $424 Million.

Velo3D is a metal 3D printing technology company. 3D printing—also known as additive manufacturing (AM)—has a unique ability to improve the way high-value metal parts are built. However, legacy metal AM has been greatly limited in its capabilities since its invention almost 30 years ago.