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.

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Source Fool.com