On March 22, Polymer 3D printing solutions provider Stratasys, Ltd's (NASDAQ:SSYS) board unanimously rejected Nano Dimension Ltd's (NASDAQ:NNDM) takeover offer for $18.00 per share in cash.
- Following the review, the Stratasys board concluded that Nano's proposal substantially undervalues the company and is not in the best interests of Stratasys and its shareholders.
- Stratasys' board and management team are confident its standalone plan will create significantly greater value for its shareholders than the Nano proposal.
- Stratasys recently delivered its sixth consecutive quarter of profitability on an adjusted basis despite a challenging economic environment.
- In March, Stratasys reported a fourth-quarter FY22 revenue decline of 4.6% year-over-year to $159.26 million, beating the consensus estimate of $157.58 million.
- Adjusted EPS of 7 cents beat the consensus estimate of 3 cents.
- Stratasys shares have gained over 23% YTD, beating the broader index SPDR S&P 500 (NYSE:SPY), which gained 4.3%.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Price Action: SSYS shares traded higher by 3.36% at $15.08 at the last check Wednesday.