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ExOne bounces following bullish Oppenheimer note

Nov. 14, 2014 4:44 PM ETDesktop Metal, Inc. (DM) StockDMBy: Eric Jhonsa, SA News Editor3 Comments
  • Though it posted a Q3 miss and slashed its 2014 guidance on Wednesday, Oppenheimer thinks ExOne (XONE) will perform better in 2015.
  • Oppenheimer notes the 3D printer maker is guiding for 25%-35% 2015 organic growth, and thinks the forecast could end up being conservative. Consensus is currently for 35.9% growth.
  • Shares rose 7% in regular trading. They fell only 1.1% on Thursday, after initially selling off hard in response to ExOne's results/guidance.

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