What happened Shares of Nano Dimension (NASDAQ: NNDM) sank 28.4% in February, according to data from S&P Global Market Intelligence. There wasn't much in the way of business-specific news behind the pullback. The 3D-printing specialist has been on an incredible run and posted fantastic gains, but it got caught up in a sell-off for growth-dependent tech stocks late last month. NNDM data by YCharts Despite recent declines, Nano Dimension stock has skyrocketed roughly 653% over the last year. Its machines could pave the way for some revolutionary breakthroughs, but that doesn't mean the young company is immune to market volatility. Image source: Nano Dimension. So what Substantial gains for Treasury bond rates prompted some investors to move out of tech stocks in favor of safer investment vehicles in February. The dynamic has raised questions about whether tech's incredible run is coming to a halt. Nano Dimension's share price has soared over the last year amid signs of long-term demand for the company's 3D-printing machines, which are tailored for the additive production of semiconductors and other high-end electronics components. The company has a market capitalization of roughly $2.2 billion and is valued at approximately 436.5 times this year's expected sales even after recent sell-offs. Now what Amid a continued pullback for growth-dependent stocks, Nano Dimension has slipped further early in March's trading. The company's share price is down roughly 14.5% in the month so far. NNDM data by YCharts The coronavirus pandemic has impacted near-term demand for its DragonFly 3D printers, but management is seeing relatively encouraging performance for machine upgrades and initial device sales. For the 2020 fiscal year, Nano Dimension expects to report roughly $3.4 million in sales. The company also estimates having cash reserves of roughly $990 million against zero debt as of Jan. 31, 2021, and it's preparing for a substantial sales push in anticipation of rebounding demand. 10 stocks we like better than Nano Dimension Ltd.-American Depositary SharesWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Nano Dimension Ltd.-American Depositary Shares wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source