Why Nano Dimension's Stock Is Trading Lower Today

Nano Dimension NNDM shares are trading lower on Thursday after the company priced its 7.35 million ADS registered direct offering at $2.30 per ADS.

Nano Dimension is engaged in research and development of a three-dimensional printer that prints electronic circuit boards, also known as printed circuit boards, and ink materials and products based on nanotechnology.

Nano Dimension shares traded down 21.67% to $2.24 on Thursday. The stock has a 52-week high of $4.90 and a 52-week low of 51 cents.