Stock Track | Xometry Soars 5.16% Intraday on Strategic Partnership Announcement

Stock Track00:41

Xometry, Inc. (NASDAQ: XMTR) saw its stock price soar by 5.16% during intraday trading on Thursday.

The significant upward movement follows the announcement that Thomas, a Xometry business, has entered into a strategic partnership with the Maryland Manufacturing Extension Partnership (Maryland MEP). The collaboration is designed to accelerate the growth and digital maturity of manufacturers across the state of Maryland, providing them with data intelligence and digital tools to thrive in the modern marketplace.

By combining Thomas's sourcing technology and marketing expertise with Maryland MEP's operational excellence resources, the partnership aims to make Maryland suppliers more discoverable and resilient, potentially driving new business opportunities for Xometry's platform.

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