Why 3D Systems Stock Popped 11% This Morning
Shares of 3D-printer maker 3D Systems (NYSE: DDD) soared in early trading today, rising nearly 11% before retreating to a gain in the neighborhood of 9.5% as of 12:12 p.m. EST. But why?
It wasn't analyst action that drove this stock up. According to StreetInsider.com, neither upgrades nor price target hikes were relevant to 3D today. And the company itself hasn't issued any positive press releases, which could have explained the sudden enthusiasm.
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Source Fool.com
