BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (the “Company”) announced today that its Board of Directors has approved a 1-for-10 reverse stock split of the Company’s Class A common stock.

Stock splits have become trendy on Wall Street. Artificial intelligence (AI) giant Nvidia recently executed a 10-for-1 split, and fellow chip company Broadcom announced its own 10-for-1 split for ...