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Stock Market & Financial Investment News

News Breaks
January 28, 2013
14:20 EDTSSYS, DDD3D printer makers tumble after competitor announces IPO
Three-dimensional printer makers 3D Systems (DDD) and Stratasys (SSYS) are falling after a third company in the space disclosed in a regulatory filing earlier today that it would carry out an initial public offering, or IPO. ExOne, which sells 3D printers to industrial customers, stated that it expects to trade on Nasdaq under the symbol XONE. The IPO price will be $14-$16, the company added. In addition, an article on Seeking Alpha by one of the website’s contributors may also be weighing on shares of 3D Systems and Stratasys. The article compared 3D systems to a 1990s tech bubble stock and noted that it has several competitors in the 3D printing space. In mid-afternoon trading, 3D Systems plunged 12% to $60.59 while Stratasys sank 10% to $78.48.
News For DDD;SSYS From The Last 14 Days
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July 28, 2015
07:50 EDTSSYS, DDDJefferies cuts price targets in 3D printing space after survey
After surveying 30 resellers in the 3D printing space, Jefferies analyst Jason North cut his price target for 3D Systems (DDD) to $14 from $22 and Stratasys (SSYS) to $50 from $60. A key investor discussion is when or if the industry will return to 20% growth, North writes in a research note. His survey indicates Q4 as the most likely time frame for Stratasys and later, if ever, for 3D Systems. The survey suggests weak Q2 results and a "muted" rebound in Q3, North tells investors. He prefers shares of Arcam (AMAVF) and Stratasys, both of which are Buy rated, to Hold-rated 3D Systems and Proto Labs (PRLB).
July 27, 2015
11:37 EDTSSYSStratasys upgraded to Buy with $45 price target at Dougherty
Before the open, Dougherty analyst Andrea James upgraded Stratasys (SSYS) to Buy from Neutral and set a $45 price target on the stock, noting that the firm's North American channel checks indicate the sales climate has improved since the stock was downgraded in April. James also said that the pullback in the stock over that time frame leaves it trading at a "historically low P/E multiple" and that the firm believes HP (HPQ) will compete more directly with others in the 3D space than it will with Stratasys.
July 23, 2015
10:24 EDTDDDZVerse announces strategic partnership and commercial agreement with 3D Systems
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July 16, 2015
11:27 EDTDDD, SSYSPiper ups Voxeljet despite caution after 3D printing survey
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06:18 EDTDDD, SSYSPiper's 3D printing survey 'discouraging again'
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05:36 EDTSSYS, DDDvoxeljet upgraded to Overweight from Neutral at Piper Jaffray
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