SSYS - 3D printer socks rally after ExOne's upside sales forecast
Earlier today, ExOne provided Q4 and FY21 revenue forecasts that topped consensus estimates.3D printing peers are moving today: 3D Systems (DDD) +6.4%, Stratasys (SSYS) +4.5%, Voxeljet (VJET) +24.4%, Proto Labs (PRLB) +7.9%, and Desktop Metal (DM) +11%.Upcoming catalyst: Stratasys is expected to report earnings later this month.Last month, 3D Systems soared after reporting strong preliminary Q4 financials.3D also advanced after announcing its expanded regenerative medicine efforts.The recent run-up for 3D printing names led to recent downgrades at JPMorgan and Craig-Hallum on valuation concerns.
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3D printer socks rally after ExOne's upside sales forecast