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