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Xometry shares soar 57% in trading debut

Dow Jones2021-07-01

MW Xometry shares soar 57% in trading debut

Xometry Inc. shares $(XMTR)$ soared 57% in their trading debut Wednesday, after the AI-driven marketplace for on-demand manufacturing's initial public offering priced at $44 a share, above its proposed price range of $38 to $42. The company sold 6.9 million shares to raise $303.6 million. The stock is trading on Nasdaq under the ticker "XMTR." There were nine banks underwriting the deal, led by Goldman Sachs, JP Morgan and UBS. Proceeds of the deal will be used for generate corporate purposes. The company had a net loss of $39.9 million in 2020, wider than the loss of $30.9 million posted for 2019. Revenue climbed to $141.4 million from $80.2 million.

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Comment7

  • ShieYing
    ·2021-07-01
    Great
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  • NPL_Buttons
    ·2021-07-01
    This is
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  • Syu4N
    ·2021-07-01
    ?
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    • Ryuuga
      Good
      2021-07-01
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    • HUATkueh
      Ok
      2021-07-01
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  • Sfun
    ·2021-07-01
    nice
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  • darrius
    ·2021-07-01
    Greatttt
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  • LuluDog
    ·2021-07-01
    Ipo craze back ah?
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    • Mythology
      Tks
      2021-07-02
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    • eda
      not sure
      2021-07-01
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    • Mythology
      Cool
      2021-07-01
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  • deadcow
    ·2021-07-01
    up like rocket
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