3D Printing IPO Darling voxeljet (VJET) Soars on First Day of Trading
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Earlier this month, German 3D printing company voxeljet priced its IPO at $13 to $15 per share, and eventually settled last night at $13 for 6.5 million shares.
Today, on its official first day as a public company, the stock VJET opened at $20 and has already increased to $22, up 70% from its initial targeted price. At this price, voxeljet has nearly a $350 million market capitalization.
Related: Read our analysis on the voxeljet IPO
Traders are expressing their enthusiasm for 3D printing stocks on Twitter.
Another runaway #3dprinting IPO… $VJET #VJET #awesome
— Falken Trader (@FalkenTrader) October 18, 2013
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[…] 2013 – German 3D printing firm voxeljet went public, soaring on first day of trading. voxeljet printer systems and services are aimed squarely at commercial applications in the […]