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Why 3D Systems' Stock Fell 10% Today

TheMotleyFool

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Shares of 3D printing systems specialist 3D Systems (NYSE: DDD) fell as much as 10.3% on Friday before closing the day's trading at a loss of 9.6%. The company's president and CEO announced his retirement last night, a move that caught investors by surprise.

CEO Vyomesh Joshi will retire as soon as 3D Systems' board of directors finds a suitable replacement. Even then, Joshi intends to stay connected to the company as a strategic adviser.

A 3D-printed statue. Image source: Anders Bylund.

Source Fool.com

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