I'm pretty confused about why DDD has voted to do a stock split when the stock price is already so low. Does anybody understand how this is an attractive idea to the investors who voted for it?
It seems like doing this would require very high confidence in the stock (which traded under $2 sometimes last year), and yet the stock slumped after the vote, which seems to indicate that investors do not actually have this high confidence.
I've always thought that this company has a solid foundation and future due to its large collection of IP and strong R&D, which I assumed it will grow into over the long term as market adoption occurs. Now I am puzzled.