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Benzinga

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Adam Eckert

Why Desktop Metal Shares Are Trading Higher Today

Desktop Metal NYSE Desktop Metal Inc

Desktop Metal Inc (NYSE:DM) is trading higher Monday after the company announced it shipped its first Production System P-50 printer to Stanley Black & Decker Inc (NYSE:SWK).

Following nearly $100 million in investments and four years of development, Monday's announcement marks the commercialization of Desktop Metal's flagship additive manufacturing technology for mass production of end-use, metal parts.

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