3D Systems Rallies Despite Q3 Miss

3D Systems

shares are trading higher by $0.92 at $11.36 in Wednesday's session. The Street appears to be the giving the company a pass on its Q3 EPS of $0.06 on nearly $30M shy in revenues. After a lower open, it immediately bottomed at $10.03 and began to move higher. That low matches the low from October 30. The ensuing rally took the issue all the way to $12.45 before falling back to its current level. Today's price action is taking place on much higher than average volume. So far, 7.4M million shares have traded compared to its 20 day average of 3M with over two hours remaining.

Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com.