3D Systems Corporation DDD shares are trading lower by $2.10 (14 percent) at $12.35 in Tuesday's session. The issue has now erased two-thirds of its gains from Monday (rallied from $11.55 to $14.55) off a better-than-expected Q4 report.
Both Gabelli & Co. and JPMorgan are not convinced the company has turned things around. Gabelli downgraded the issue from Buy to Hold, while JPMorgan downgraded the issue from Neutral to Underweight.
After a lower open, it managed only a $0.03 bounce to $13.61 before continuing lower. Its current low stands at $12.22 and needs to reach $11.65 to fill the void in price action from Monday's monster rally.
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