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 (DDD +1.46%) have jumped today by as much as 12% after the company launched two next-generation 3-D printers.
So what: The ProJet 3500 HDMax And ProJet 3500 CPXMax professional series are now available and offer higher productivity and larger prints, among other features. The printers utilize 3D Systems' newest patented Multi-Jet Modeling technology and product VP Buddy Byrum said they're the company's best yet.
Now what: The new models also feature connectivity with mobile devices like smartphones and tablets for remote control. 3D Systems continues to post strong growth, so it's important for it to continue releasing new models to ride that momentum. Excluding Cube printer units, printer units sold skyrocketed by 123% last quarter and the company had a backlog of $9.3 million.
