Why 3D Systems Stock Just Exploded 84.5% Higher
Shares of 3D printer maker 3D Systems (NYSE: DDD) just jumped 84.5% in 11:30 a.m. EST trading -- and yes, you read that right.
Early this morning, 3D announced the successful sale of its "non-core software businesses for cash proceeds of approximately $64 million." It also added a preview of its Q4 2020 financial results, predicting that revenue will far outperform analyst expectations and come in between $170 million and $176 million for the quarter.
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Source Fool.com
