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Why Desktop Metal Was Outpacing the Market Today

Desktop Metal (NYSE: DM) stamped out its latest set of quarterly earnings Tuesday morning, and investors were figuring out just what to make of them. As of mid-afternoon trading, Desktop Metal's shares were flat against the previous day's close. For the quarter, Desktop Metal posted record revenue of just under $58 million -- more than triple the nearly $19 million in the same quarter last year and slightly above analyst estimates.