NNDM is trading 6.5% down at $1.67 following an agreement to sell its subsidiary, MarkForged, Inc., to Stratasys for $42.5 million in cash.
- The divestiture is part of a broader portfolio simplification and cost-reduction strategy aimed at increasing liquidity and narrowing the company's operational focus.
- Shares are pulling back after several recent positive sessions, suggesting profit-taking and mixed investor sentiment regarding the strategic sale.