Xometry (XMTR) Soars 14.2%: Is Further Upside Left in the Stock?
Xometry(XMTR) ZACKS·2024-11-04 22:01
Xometry, Inc. (XMTR) shares rallied 14.2% in the last trading session to close at $22.48. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.4% gain over the past four weeks.Xometry’s rally is primarily driven by optimism regarding increased marketplace revenues due to rising buyer activity on the platform. Easing supply chain disruptions also bode well.This marketplace for on-demand manufacturing is expected ...