Why 3D Systems Stock Jumped Today

Shares of the technology stock 3D Systems Corp. (NYSE: DDD) popped today after the company's stock received an upgrade from underperform to market perform by William Blair analyst Brian Drab.

3D Systems' stock jumped by as much as 12.7% today and was up by 6.5% as of 2:52 p.m. EST.

Drab noted that 3D Systems' business is recovering well right now and the company's new management is moving in the right direction with its cost-cutting measures. Drab also said that he thinks the company will return to profitability next year.  

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Source Fool.com