PRLB - 3D Systems: Don't Print Your Hopes Up At The 52-Week Low
2024-05-30 10:07:22 ET
Summary
- 3D Systems Corp has faced a challenging industry backdrop with declining sales for key additive manufacturing markets.
- The company has yet to file its 2023 annual report.
- We expect shares to remain under pressure.
3D Systems Corporation ( DDD ) has struggled amid a challenging backdrop in the additive manufacturing industry. Despite a recognition that "3D printing" for industrial is the future, demand for the necessary capital-intensive equipment has been pressured by not only shifting macro conditions but also intense competition from different processes and technologies....
3D Systems: Don't Print Your Hopes Up At The 52-Week Low