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Stock Market & Financial Investment News

News Breaks
February 25, 2013
12:49 EDTXONE, SSYS, PRLB, DDD3D Systems well off lows as investors digest post-split guidance
Three dimensional printer maker 3D Systems (DDD) is well off its lows of the day after the company provided fiscal 2013 earnings per share guidance that may have confused some investors. 3D Systems executed a three-for-two stock split on Friday. If the stock had not split, the company said that its fiscal 2013 EPS guidance would have been $1.50-$1.73, versus analysts' consensus estimate of $1.58. If the split is factored in, however, the company fiscal 2013's EPS guidance was $1.00-$1.15. Some investors may have compared the company's post-split guidance to the pre-split consensus estimate. As a result, they may have erroneously believed that the guidance was much lower than expected. In early afternoon trading, 3D Systems fell $2.25, or 6%, to $35.70. The stock reached a low of $30.28 this morning. Stratasys (SSYS), another three dimensional printer maker is also falling significantly, losing 4.5% to $64.30. Two other three dimensional printer makers, Ex One (XONE) and Proto Labs (PRLB), are little changed.
News For DDD;SSYS;XONE;PRLB From The Last 14 Days
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June 25, 2015
09:10 EDTDDD3D Systems partners with MLC CAD Systems
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June 24, 2015
05:47 EDTDDDStocks with implied volatility movement; NRF DDD
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June 23, 2015
12:03 EDTDDD3D Systems volatility at low end of historic range
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June 17, 2015
07:40 EDTSSYSStratasys EPS bottoming, says Oppenheimer
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