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Why 3D Systems Stock Plunged 22% in August


Shares of 3D Systems (NYSE: DDD) plummeted 22.4% in August, according to data from S&P Global Market Intelligence. The stock is down 32% in 2019 through Sept. 3. 

For context, shares of main rival Stratasys declined 14.6% in August, so it was a bad month for the leading pure-play 3D printing stocks. However, Stratasys stock is still up 30.2% so far this year. The S&P 500, including dividends, fell 1.6% in August and has returned 17.5% in 2019. 

Image source: Getty Images.

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Source Fool.com

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