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DDD Stock Alert: 10 Things to Know About 3D Printing as Shares Rocket Higher Today

DDD Stock Alert: 10 Things to Know About 3D Printing as Shares Rocket Higher Today

Written by Paul

January 7, 2021

3D Systems (NYSE: DDD ) is really printing up a storm on Thursday, as shares are up more than 80% on heavy trading volume.

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So with DDD stock so hot, what do you need to know? And what is behind the massive move? To start, investors should make sure they understand the story with DDD stock. As its name implies, 3D systems is a specialist in 3D printing. The company develops, manufactures and sells 3D printers, scanners and other materials necessary in the 3D printing process. With that in mind, here are a few things to know about 3D Systems and DDD stock: 3D Systems has been on a tear in recent months. In fact, shares are up more than 130% over the trailing 12 months. Right now it develops and markets its products under the Accura, DuraForm, LaserForm, CastForm and VisiJet brands. Importantly, the move in DDD stock comes following preliminary results for the fourth quarter of 2020. In a company announcement, 3D Systems announced that it expects revenue between $170 million and $176 million. This is up from prior estimates of $140 million. Additionally, 3D Systems announced that it expects non-GAAP operating income of between $11 million […]

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