Why 3D Systems Stock Is Soaring Today [Yahoo! Finance]
3D Systems Corporation (DDD)
Last 3d systems corporation earnings: 2/26 04:01 pm
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Source: Yahoo! Finance
Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were both down 0.1% in the same time frame. 3D Systems stock is gaining ground following an announcement that the company will be selling its Geomagic software to Hexagon. 3D Systems will be paid $123 million for the software portfolio, and the deal is expected to close in the first half of next year. 3D Systems' Geomagic software portfolio consists of Design X, Control X, Freeform, Wrap, and Geomagic for SolidWorks, and will be integrated into Hexagon's manufacturing intelligence division following the completion of the sale. Investors seem to be quite happy with the purchase price 3D Systems is getting in the deal. While the move represents a substantial divestiture for 3D Systems, the 3D printing specialist has indicated that it's not completely moving away from the software space. Going forward, the company will be concentrating on software solutions that accelerate adoption for 3D printing ,
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News
- Healthcare and Medical Simulation Market Size Expected to Reach USD 7.04 Bn by 2034 [Yahoo! Finance]Yahoo! Finance
- Three Reasons to Avoid DDD and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- 3D Printing Medical Devices Market Size to Reach USD 11.46 Billion by 2032, Growing at 17.49% CAGR – SNS Insider [Yahoo! Finance]Yahoo! Finance
- Surgical Planning Software Market Share to Grow At 6.6% CAGR, To Hit USD 215.35 Million by 2034 | PMR [Yahoo! Finance]Yahoo! Finance
- 3D Systems Co. (NYSE: DDD) was upgraded by analysts at Craig Hallum to a "hold" rating.MarketBeat
DDD
Earnings
- 11/26/24 - Beat
DDD
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- DDD's page on the SEC website