Please ensure Javascript is enabled for purposes of website accessibility

Why Materialise NV Stock Plunged 25% This Morning

By Rich Smith - Updated Apr 16, 2019 at 8:17PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

We don't know why it happened -- but it apparently made somebody very nervous.

What happened

Shares of Materialise NV (MTLS -0.81%), a Belgian provider of 3-D printing software and services, rocked the stock market today when its shares plunged more than 25% in early trading then recovered half their losses. (The stock's still down 13.3% as of 1:30 p.m. EST.)

So what

Why did this happen? It's impossible to say. So far, the company hasn't announced any news that might explain the plunge -- nor indeed commented on the stock's sudden volatility. There have been no upgrades or downgrades announced on Wall Street either -- analysts haven't so much as changed a single price target so far as I can tell.

What we do know is that 9:57 a.m. this morning, the stock's dramatic decline freaked out someone at Nasdaq, which halted trading of Materialise shares. Ten minutes later, trading was allowed to resume, and the shares slowly regained some of their losses.

Glowing red arrow on graph trending down.

Materialise stock plummeted today -- for no reason anyone can fathom. Image source: Getty Images.

Now what

Barring management commenting on the sudden volatility, investors may have to wait until earnings come out to get a clue what it was, exactly, that so spooked Materialise shareholders today. Fortunately, the wait probably won't be long. Materialise last reported earnings on Oct. 31. Add three months to that, and the next quarterly report should be due out sometime at the end of this month.

As of today, analysts aren't expecting any huge surprises. Earnings should be flat against last year's Q4 -- $0.05 per share. Sales should be up a modest 10% at $56.1 million. When the news comes out, we'll see how close Materialise came to those marks.

Check out all our earnings call transcripts.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Materialise NV Stock Quote
Materialise NV
$13.51 (-0.81%) $0.11

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/02/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.