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Stock impact report

A Look At Velo3D (VELO) Valuation After New U.S. Army DEVCOM GVSC Partnership [Yahoo! Finance]

Velo3D, Inc. - Common stock (VELO) 
Company Research Source: Yahoo! Finance
Velo3D (VELO) has drawn fresh attention after announcing a Cooperative Research & Development Agreement with the U.S. Army DEVCOM Ground Vehicle Systems Center. The agreement is focused on qualifying additively manufactured parts for military supply chain needs. See our latest analysis for Velo3D. The U.S. Army agreement arrives after a sharp pullback, with a 1 day share price return of a 16.76% decline and a 7 day share price return of a 30.39% decline. At the same time, a 90 day share price return of 185.58% and a 5 year total shareholder return of a 99.73% decline show how volatile and challenging the longer term journey has been. If this kind of defense related story has your attention, it could be a good moment to scan other aerospace and defense stocks that are shaping the future of military and space hardware. With shares still well below their multi year highs but up very sharply over 90 days, the key question now is simple: is Velo3D still trading at a discount, or i Show less Read more
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