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 fund managers acknowledging their shorts of stocks that have failed to deliver on the market hype, it could be a rocky year for…