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Charting the Rough Road to Profitability: William Blair Analyst Weighs in on 3D Printing in 2024
3DPrint.com June 4, 2024
Facing a tough market in 2024, 3D printing companies are battling skepticism and challenging economic conditions. Public companies, in particular, are finding it hard to attract interest, with many struggling to maintain their stock prices. Amid this uncertainty, William Blair analyst Brian Drab provides a sharp analysis of the sector’s hurdles and underlying potential.
The IPO Dilemma
In an interview with 3DPrint.com, Drab highlighted the lack of investor appetite for 3D printing stocks, noting that many companies that went public via SPACs (special purpose acquisition companies) in 2020 and 2021 are now trading below a dollar. The initial public offering (IPO) landscape for 3D printing companies has been notably challenging.
“The environment is really difficult. The investors’ view of...
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