Velo3D Inc. (NASDAQ:VELO) stock fell about 6% on Tuesday as investors weighed the company’s production expansion against continued pressure from a recent short-seller report.
The stock also gave back part of Monday’s sharp rebound after early gains faded, leading to volatile trading.
Monday Rally Fades
Tuesday’s decline followed a 10.5% rally on Monday after Velo3D joined both the Russell 3000 Index and the Russell Microcap Index as part of the 2026 Russell index reconstitution.
Chief Executive Officer Arun Jeldi said the additions broaden the company’s visibility among institutional investors and the wider investment community.
