Velo3D Inc (NASDAQ:VELO) shares are trading lower on Thursday. The retreat follows a massive rally during Wednesday’s session. Investors appear to be locking in profits after a triple-digit run-up over the past six months.
The Nasdaq is up 0.97% while the S&P 500 has gained 0.96%.
• Velo3D stock is feeling bearish pressure. Why is VELO stock dropping?
Profit-Taking Follows 50% Surge
The metal additive manufacturing specialist saw its stock skyrocket over 50% on Wednesday. This move came after a strong first-quarter 2026 earnings report. As of Thursday, the stock is seeing a natural cooling period. Market data shows the share price surged 316.74% over the last half-year.
Q1 Earnings Top Wall Street Estimates
Velo3D reported a first-quarter loss of 20 cents per share. This significantly beat analyst estimates of …
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