Stratasys shares are trading higher after the company announced it has terminated its merger agreement with Desktop Metal and has initiated a process to explore strategic alternatives.
Portfolio Pulse from Benzinga Newsdesk
Stratasys has terminated its merger agreement with Desktop Metal and is exploring strategic alternatives. This has led to an increase in Stratasys' share price.
September 28, 2023 | 6:45 pm
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POSITIVE IMPACT
Stratasys' decision to terminate its merger with Desktop Metal and explore strategic alternatives has led to a rise in its share price.
The termination of the merger agreement with Desktop Metal and the exploration of strategic alternatives are seen as positive moves by the market, leading to an increase in Stratasys' share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100