DDD - Why Stratasys Stock Popped Again Today
2023-06-27 12:38:36 ET
The 3D printer-maker Stratasys (NASDAQ: SSYS) remains in play -- and its stock is up another 8% as of 11:05 a.m. ET.
Nearly a month after 3D printer-making rival 3D Systems (NYSE: DDD) announced its interest in buying Stratasys (so that Nano Dimension (NASDAQ: NNDM) cannot buy Stratasys, and so that Stratasys does not buy Desktop Metal (NYSE: DM) ) -- but Stratasys demurred -- 3D announced today that it is raising its bid for Stratasys.
3D hopes it's making an offer too good for Stratasys to pass on. So what is 3D offering, exactly? Basically, more stock.
For further details see:
Why Stratasys Stock Popped Again Today