Why 3D Systems Popped

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of 3D Systems (NYSE: DDD  ) have popped today by upwards of 13% on some merger and acquisition news within the sector.

So what: Israeli company Objet has decided to abandon its IPO plans and instead is choosing to merge with 3-D printer maker Stratasys (Nasdaq: SSYS  ) . Objet CEO David Reis will lead the combined company, with Stratasys CEO becoming chairman.

Now what: Merging will allow the new company to broaden its reach and boost customer awareness of what 3-D printing and rapid prototyping can accomplish. Stratasys is seeing loftier gains, but the news was enough to send up rival 3D Systems, as all three of these companies compete in the 3-D printer market.

Interested in more info on 3D Systems? Add it to your Watchlist.

Fool contributor Evan Niu holds no position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of 3D Systems. Motley Fool newsletter services have recommended buying shares of 3D Systems and Stratasys. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.


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  • Report this Comment On April 17, 2012, at 2:38 PM, VolkOseba wrote:

    DDD is up 56.71% since I bought it last year, SSYS is up 74.96%... I just wish I didn't buy any other stocks :)

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