Despite Glowing Outlook, 3D Systems Corporation (DDD) Continues Downward Path
In spite of positive comments, 3D Systems Corporation (NYSE:DDD) has encountered difficulty recently. As noted in ValueWalk two weeks ago, even after an "outperform" rating the stock nonetheless fell in price -- and continues to do so, today trading near $74 a share, down nearly 4% on the day. 3D Systems Corporation (NYSE:DDD) is in a bruising market share battle with Stratasys (NSADAQ:SSYS), but neither stock has matched the optimism of analysts. With P/E multiples high and skeptical hedge . . .
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