Why 3D Systems Stock Crashed 14% Today
Nearly a week after 3D printer company Stratasys (NASDAQ: SSYS) reported a big loss for its fiscal second quarter of 2022 -- and lost 4% of its market cap in consequence -- Stratasys archrival 3D Systems (NYSE: DDD) reported a sizable loss of its own. As of 11 a.m., 3D Systems stock is down 14%. Heading into its Q2, analysts had forecast 3D Systems would just break even on sales of $149.1 million.