Voxeljet (VJET) saw its shares take a nosedive on Friday after the company’s offering announcement.
Voxeljet stock dropped to a new low on Friday following the 3D printing company’s public offering of 3,000,000 American Depositary Shares. The shares are being traded at a public offering price of $15.00 per ADS.
VJET stock is down over 16% and still dropping as of Friday afternoon. Shares are selling at about $15.51 which is a new low for the company in a year that’s seen 3D printing stocks take a massive hit after a successful 2013.
Voxeljet stock is now down over 60% YTD and it’s only April.
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