Staples breaks out, new bullish pattern in progress The shares are up over 3.3% at time of writing, breaking out of the top of what was a short-term bearish price channel. That channel forms the "flag" of a bearish flag pattern that is now active as a result. Upside potential for the pattern is to the $15 area. Goldman earlier upgraded the stock to Neutral.
News For SPLS From The Last 14 Days
Check below for free stories on SPLS the last two weeks.
3D Systems partners with Staples in New York, Los Angeles 3D Systems (DDD) announced a partnership with Staples (SPLS) in a pilot of 3D printing services in two Staples stores in New York City and Los Angeles. Each Staples store features an immersive 3D printing experience center that lets consumers and small businesses create personalized products and use 3D printing hardware. Customers can also bring in their own 3D print-ready files to have them printed. Staples previously announced in May of 2013 that it would be the first major U.S. retailer to carry 3D printers, with the launch of the Cube from 3D Systems on Staples.com. The company has since rolled out 3D printing hardware and accessories in a limited number of stores, and expanded its overall product selection.