Why 3D Systems Stock Jumped 18% in July
Shares of 3D Systems (NYSE: DDD), a diversified 3D printing company, rose 17.9% in July, according to data from S&P Global Market Intelligence. This rise is at least primarily attributable to market dynamics, rather than company-specific catalysts.
For context, the S&P 500 and Nasdaq Composite indexes returned 9.2% and 12.4%, respectively, last month. The Nasdaq is probably the better benchmark for 3D Systems stock since it is heavily weighted with companies in the broad technology realm.
A 3D printer. Image source: Getty Images.
Source Fool.com
