NNDM is trading 7.5% up today at $1.78 after its board formally rejected activist investor Murchinson’s latest control campaign and issued a detailed letter to shareholders.
- The board criticized Murchinson’s attempt to gain control of Nano Dimension’s cash and assets without paying a premium or presenting a long-term strategic plan.
- Investors appear to welcome the board's resistance against the backdrop of a constructive broader technology tape.