Why 3D Systems Stock Was Soaring This Week
The once-hot 3D printing stock was looking like quite the sleeper play. The company's shares were coasting on an encouraging quarterly earnings report, plus a subsequent price target bump by an analyst. According to data compiled by S&P Global Market Intelligence, week to date as of early Friday morning 3D Systems' price had risen by more than 17%. In its earnings release, 3D Systems CEO Jeffrey Graves said its second-quarter performance derived from "an intense focus on our cost structure and operational e ...