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Why CNET 3D-Printing Stock Soared Yesterday

NASDAQ:SSYS   Stratasys, Ltd.
Shares of 3D-printing companies rose sharply on Thursday after 3D Systems (NYSE:DDD) reported blockbuster preliminary results for the fourth quarter.

This news has given investors hope that other companies in the sector will report similarly strong results.

in the first three quarters of 2020, Stratasys's total revenue fell by more than 20% year over year.

The strong preliminary results from 3D Systems are sparking investor optimism that the 3D-printing industry is about to come roaring back as manufacturing activity picks up and economies start to recover from the havoc caused by the pandemic.

www.fool.com/in...s-soared-today/?source=ept...


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