Tag Archives: stocks
3D Printing IPO Darling voxeljet (VJET) Soars on First Day of Trading
Earlier this month, German 3D printing company voxeljet priced its IPO at $13 to $15 per share, and eventually settled last night at $13 for 6.5 million shares.
Today, on its official first day as a public company, the stock VJET opened at $20 and has already increased to $22, up 70% from its initial targeted price. At this price, voxeljet has nearly a $350 million market capitalization.
Related: Read our analysis on the voxeljet IPO
Traders are expressing their enthusiasm for 3D printing stocks on Twitter.
Another runaway #3dprinting IPO… $VJET #VJET #awesome
— Falken Trader (@FalkenTrader) October 18, 2013
Top 3D Printing News Last Week: Saving Lives, Education, Cubify Draw, and More
3D Printing News
A roundup of the top 3D printing news from May 20 to May 26:
Monday, May 20
Wednesday, May 22
- 3D Systems Issues New Common Stock; Watch Out for M&A
- Cubify Draw App for iPad and iPhone: 3D Print Your Sketches
Thursday, May 23
Saturday, May 25
Sunday, May 26
3D Systems Issues New Common Stock; Watch Out for M&A
3D Systems Stock Issue Hints at New M&A Activity
3D Systems Corporation (NYSE:DDD) today announced that, at its annual meeting held today, its stockholders approved an amendment to its Certificate of Incorporation to increase the authorized number of shares of Common Stock from 120,000,000 to 220,000,000.
“We are grateful to our stockholders for their support,” said Avi Reichental, President and Chief Executive Officer, 3D Systems. “This increase in our authorized shares restores our flexibility to use newly issued shares of our common stock for appropriate corporate purposes.”
What could those corporate purposes be? Likely more M&A. Last year, 3D Systems acquired a number of companies, including:
- Bespoke Innovations in May 2012 for 3D printed personalized prosthetics
- FreshFiber in May 2012 for 3D printed electronics accessories
- My Robot Nation in April 2012 for creative solutions to support 3D printing community Cubify for kids and adults
- Paramount Industries in April 2012 to advance aerospace and medical device 3D printing
Top 3D Printing News Last Week: Fashion, Practical, mUVe, Mobot, Pets
3D Printing News
A roundup of the top 3D printing news from April 8 to April 14:
Monday, April 8
Tuesday, April 9
Wednesday, April 10
Thursday, April 11
- 3D Printed Robot Mobot Looks to Revolutionize STEM Education
- ExOne Takes On 3D Systems and Stratasys in 3D Printing Stocks
Friday, April 12
Sunday, April 14
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ExOne Takes On 3D Systems and Stratasys in 3D Printing Stocks
3D Printing Stocks Analysis
ExOne is the most recent 3D printing stocks to go public. Long overshadowed by 3D Systems and Stratasys, ExOne is now coming into its own limelight.
Investor site Seeking Alpha sheds some light on ExOne’s profile.
ExOne is a relatively new player compared to the other two heavy weights – the company was formed in 2005 as a spin-off of Extrude Hone Corporation, a developer of nontraditional machining processes and automated systems. The company is currently operating in Asia, Europe and the Americas. Through research and development, the company has achieved considerable success in additive manufacturing. Notable ExOne products include S-Max, S-Print, M-Print and M-Lab. Most of these products are meant for industrial use, and have the capability of manufacturing molds with sand printing and metal and glass printing.
Almost all of the ExOne products cater to the industrial customers, and the company has some of the largest printers available in the market. ExOne’s customers are showing considerable interest in the products and the company is receiving new orders. 3D printer sales have gone up for the company in the fourth quarter of the last year. As a result, ExOne was able to post impressive full year results. Another target market for ExOne is the researchers and educational customers – M-Lab is specifically designed to be used in labs and it is one of the smaller printers available in the company’s arsenal.
So, there are two sets of target markets for the company: industrial customers, which require ExOne products for rapid prototyping and building molds, and researchers and educational customers, which convert their experiments into reality using ExOne equipment. Industrial customers are a big segment and ExOne’s products are getting good response, which should allow the company to grow further in this segment.
Read the full analysis at Seeking Alpha.
