Why Nano Dimension Stock Crashed on Tuesday

The Delaware Court of Chancery just told Nano Dimension: no take-backs.Only nine months ago, Nano Dimension (NNDM -18.03%) stock was riding high. The 3D printing company had just released preliminary second-quarter results showing an 11% sequential increase in sales, and announced plans to buy rival Desktop Metal (DM 89.43%) for $183 million -- $5.50 per share. Nano Dimension, however, soon developed cold feet on the deal, and tried to back out.By December, the matter was already before the courts, with Des ...