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Why Stratasys Stock Popped 18.1% Today

Why Stratasys Stock Popped 18.1% Today

Shares of 3D printing stock Stratasys (NASDAQ: SSYS) jumped as much as 18.1% on Thursday after the company reported second-quarter 2021 financial results. Revenue increased 25% versus a year ago to $147 million and gross margin expanded from 37.2% to 43%. On an adjusted basis, which pulls out one-time items, the company lost $1.6 million, or $0.02 per share.