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Why 3D Systems Stock Just Rocketed 24.5%


Shares of 3D Systems (NYSE: DDD) stock are rocking 24.5% higher as of 11:15 a.m. EDT Tuesday, one day after the 3D printing machine maker reported blockbuster earnings for its fiscal first quarter of 2021.

Analysts had forecast that 3D would earn only $0.02 per share (pro forma) on sales of $136.6 million in the quarter. Instead, 3D reported $0.17 per share pro forma, and on sales of $146.1 million, beating on both the top and bottom lines.  

Image source: Getty Images.

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Source Fool.com

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