Stratasys Falls Flat After Q1 Report

Stratasys, Ltd. SSYS shares are trading lower by $0.74 (3 percent) at $20.32 in Monday's session. The issue, which had seven down days in a row ahead of the report, found nothing but sellers off the higher open.

At first, the Street applauded the nickel beat and $30 million more in revenues. However, the issue immediately peaked at its opening print and began to mover lower. The ensuing decline found support just under Friday's low ($20), reaching $19.81 before rebounding back into the $20 handle.