Market Overview

3D Systems Takes Breather After 8% Gain In Previous 3 Days

Share:
Related DDD
Costa: 7 Stocks Market Technicians Should Keep An Eye On
Should HP Invest In More M&As?

Shares of 3D Systems (NYSE: DDD) have taken a breather Thursday, after gaining nearly eight percent in the previous three trading sessions.

As of earlier this month, 3D Systems, with market capitalization of $6.32 billion, had seen its shares lose nearly half of its value year-to-date. The catalyst was the company's unveiled plans for a sharp increase in research and development spending.

The company on Wednesday launched a 3D scanner for consumers adaptable to iPads and similar devices. The $499 device appears to function like a combination 3D camera and scanner, and joins a wide range of the company's consumer and commercial products.

Shares of 3D Systems changed hands recently at $57.49, down 0.05 percent.

Posted-In: News

 

Related Articles (DDD)

Get Benzinga's Newsletters