Top 3D Printing Stocks Up 10%, Combined Market Cap Now Over $5 Billion
Shares of leading 3D printing public companies are up over the last 3 months. 3D Systems (NYSE:DDD) is up 19%, Proto Labs (NYSE:PRLB) is up 12% and Stratasys (NASDAQ:SSYS) is up 2%. The combined market cap of those 3 companies is now over $5 billion.
Compare the performance of these 3D printing stocks (up 9.5%) to the slight decline of the Dow Jones, S&P 500, and NASAQ indices. Even though 3D printing is currently at the top of the “hype cycle“, it looks like investors are being rewarded for their early support of the industry.
In this video, Motley Fool analyst Blake Bos discusses some of the key recent events for 3D Systems and Stratasys:
- 3D Systems fought allegations over accounting irregularity
- 3D Systems sued Form Labs on patent infringement
- Stratasys released 16 new non-metal materials
- Stratasys announced a new Objet 3D printer