Why ExOne Stock Popped 18% on Monday
Shares of German 3D printer maker The ExOne Company (NASDAQ: XONE) roared out of the gate Monday and are up 17.8% in 10:15 a.m. EST trading after the company announced a partnership with Canadian partner Rapidia to produce and market a "complete metal 3D printing system" known as "the ExOne Metal Designlab and X1F advanced furnace."
According to the company, this new technology operates "with the ease of an entry-level plastic printer," but permits a user to print items using "an innovative water-based paste containing metal or ceramic powders," then put them "directly into a furnace" so as to produce finished parts almost immediately -- instead of after the three to five days required by competing metal-printing systems.
Oh, and ExOne also preannounced Q4 earnings.
Source Fool.com
