Why Stratasys Shares Popped 10.5% on Tuesday
Shares of 3D printing company Stratasys (NASDAQ: SSYS) jumped as much as 10.5% in trading on Tuesday, after its biggest competitor, 3D Systems (NYSE: DDD), reported earnings. This performance comes less than a week after Stratasys itself reported outstanding earnings.
3D Systems' revenue was up 44%, and it earned an adjusted $0.12 per share, more than double what Wall Street analysts expected. This result follows 25% revenue growth from Stratasys and a loss of just $0.02 per share.
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Source Fool.com
