Velo3D Jumps Back Into Focus for Traders Before Memorial Day
Velo3D shares surged 13.4% to $23.06 Friday, then gained another 3.2% after hours, nearing a 52-week high ahead of the Memorial Day market closure. The rally followed reports linking the metal 3D-printing firm to SpaceX’s IPO plans and recent strong earnings. Weekly gains totaled 24%. Trading volume on Friday reached about 4.75 million shares, above recent averages.