3D Systems Printing Money For Longs

3D Systems DDD shares are trading higher by $3.17 at $14.72 in Monday's session. The catalyst for the nearly 30 percent rally is a Q1 beat of $0.16 along with better-than-expected revenues. The issue has more than doubled since its 5 year plus low that made on January 20 at $6. After a higher open, it retreated and found support well ahead of the top of Friday's range ($11.65), only reaching $12.80 before resuming it move higher. So far, its has reached 414.97 and is not far off that level. It has not traded over $15 since July 29 at $15.70.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!