Why 3D Printing Stock Proto Labs Jumped Nearly 12% in September
Shares of Proto Labs (NYSE: PRLB), a quick-turn contract manufacturer with a growing 3D printing business, jumped 11.8% in September, according to data from S&P Global Market Intelligence.
For some context, the S&P 500 returned 2.1% in the month, while shares of the two largest publicly traded 3D printing players, 3D Systems and Stratasys, rose 3.7% and 5.5%, respectively.
Proto Labs stock is having a great year -- it's gained 56.8% so far in 2017, through Oct. 5, versus the S&P 500's 15.8% return.
Source: Fool.com