Desktop Metal Soars 92% On Receiving Favorable Ruling In Pending Litigation Against Nano Dimension

(RTTNews) - Shares of Desktop Metal, Inc. (DM) are surging about 92 percent during Tuesday's trading following a favorable ruling in its pending litigation against Nano Dimension Ltd. and Nano US I, Inc. regarding merger agreement between the two companies.

Currently, Desktop Metal's stock is trading at 92.27 percent, to $4.36 on the New York Stock Exchange. The stock has traded between $1.83 and 11.8 in the past one year.

The Delaware court ordered Nano to execute a national security agreement with the Committee on Foreign Investment in the United States in order to close the merger by March 31, 2025.