Why Nano Dimension Stock Jumped 16.1% in June : comparemela.

Why Nano Dimension Stock Jumped 16.1% in June


Author Bio
What happened
Shares of 
Nano Dimension (NASDAQ:NNDM) gained 16.1% in June, according to data from S&P Global Market Intelligence. The semiconductor 3D-printing specialist's stock gained ground thanks to strong momentum for the broader market.
After several months of volatile trading, growth-dependent technology stocks enjoyed strong gains in June. The
Nasdaq Composite index climbed 5.5% in the month, and Nano Dimension stock advanced as investors warmed back up to tech stocks.
Image source: Getty Images.
So what
There doesn't appear to have been much in the way of business-specific news behind Nano Dimension's gains last month. The company did receive approval from the U.S. Patent and Trademark Office on June 15 for "double-sided and multilayered printed circuit board fabrication using inkjet printing," but the patent approval does not appear to have had a significant correlation with Nano Dimension's stock gains.  

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