VLD descending -5% today. Here's what's moving the stock:

Shares of Velo3D Inc - New (VLD) are trading -5% lower at a price of $2.20 at the time of this writing. The stock's shares fell amid a backdrop of a general selloff and market uncertainty. The company recently announced that it had acquired a new class of printer for one of it's manufacturing facilities, but the news was not enough to bolster prices today.

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 $392 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.