3D printer stock soars on CES hype |
| CNNMoney - Jan 7, 2013 |
3D printers are expected to be all the rage at the CES gadget trade show in Las Vegas this week. But the rendering of objects in three dimensions isn't just something that geeks love. Investors are starting to get infatuated as well.
Shares of 3D Systems (DDD), which makes the popular Cube printer, were up more than 4% Monday. The stock is off to a red hot start to 2013, already having surged nearly 15%. And that follows a torrid 2012 as well.
3D Systems is hardly the only company in what's starting to become a crowded field. But it's one of only a few major publicly traded pure plays in the sector right now. Stratysys (SSYS) and France's Dassault Systems (DASTY) are two others with significant exposure to the market.
The most prominent company in 3D printing, MakerBot, is not public. It, along with 3D Systems, will be presenting their latest products at CES this week. Traders on StockTwits were wondering though if 3D printing is a legitimate growth business or the latest short-lived tech fad.
Read Full Article from CNNMoney
- Posted: 2013-01-07 15:20:52
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