Monday, November 18, 2013

Voxelijet who?

Things in the start barely got shaken for Voxelijet when it never went below its IPO of $19.10. Now shareholders are basking in the glory now as the stock has reached new highs this afternoon of nearly $70. Of course there is a reason for this, since Voxelijet reported a revenue increase of 86% thursday afternoon thus the stock skyrocketed.
Where I believe the stock is headed, an educated guess would be that it has no reason to return back down below 50$ with the great finical reports it has been releasing. An additive would be that the 3d printing industry is acting unstoppable at the moment too.

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