Shares of Nano Dimension Ltd.
bounced 7.9% in premarket trading Monday, after the 3D printer maker announced a share repurchase program that represented nearly one-third of the company’s market capitalization. The stock had plunged 13.6% last week, in the wake of the company’s announcement that it was pulling its tender offer for shares of Stratasys Ltd., and said it was considering a possible sale of its 14.1% stake in the company. On Monday, Nano Dimension said it may now buy back up to $227.
bounced 7.9% in premarket trading Monday, after the 3D printer maker announced a share repurchase program that represented nearly one-third of the company’s market capitalization. The stock had plunged 13.6% last week, in the wake of the company’s announcement that it was pulling its tender offer for shares of Stratasys Ltd., and said it was considering a possible sale of its 14.1% stake in the company. On Monday, Nano Dimension said it may now buy back up to $227.