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Stock impact report

Why 3D Systems Stock Gained More Than 16% in October [The Motley Fool]

3D Systems Corporation (DDD) 
Last 3d systems corporation earnings: 2/26 04:01 pm Check Earnings Report
US:NYSE Investor Relations: 3dsystems.com/investor
Company Research Source: The Motley Fool
Why 3D Systems Stock Gained More Than 16% in October Shares of the 3D printing company significantly outperformed the market again last month, but investors should keep their optimism in check. Deja vu. Shares of 3D Systems ( NYSE:DDD ) were up 16.4% in October, according to data from S&P Global Market Intelligence , which is exactly the same percentage they gained in September. Even with two consecutive months of strong performance, the 3D printing stock is still down 5.8% in 2019 through Nov. 1. For context, the S&P 500 returned 2.2% last month and has returned 24.4% so far in 2019. We can attribute 3D Systems stock's robust performance last month largely to the company's Oct. 30 release of third-quarter results that beat Wall Street's expectations on both and top and bottom lines. Shares popped 8.3% the following day, which likely came as a pleasant Halloween surprise to many investors since the market's initial reaction was moderately negative, as it sent shares tumbling 4.6% in Show less Read more
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