3D Systems stock was having difficulties from June 25 and until today. The stock was decreasing with negative results. The stock was sort of stable for July 9, but by July 12 the stock has crashed by 8.74%, dipping from $34.21 to $31.4. Since July 12 the stock has been falling badly. As of the last trading session the stock was trading at $27.27. But most interestingly, what causes such drops over these last days?
3D Systems DDD introduced the Accura AMX Rigid Black, a new material that is designed to work seamlessly with the company’s SLA technology. 3D Systems noted that its black resin can last up to 8 years because it going through different mechanical performance tests. The company noted that its high-quality material is ideal for various end-use applications.
3D Systems has taken the idea of its Accura AMX Rigid Black resin from the Toyota Gazoo Racing company’s production requirements. With the rapid emergence and evolution of 3D printing technology, the company sees a favorable long-term opportunity. Its customers are shifting from traditional prototypes to end-use production, which is expected to drive growth.
Finance and Entertainment Reporter
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