Why 3D Systems Stock Popped Today

Why 3D Systems Stock Popped Today

Shares of 3D Systems (NYSE: DDD) jumped today after Stifel analyst Noelle Dilts initiated coverage of the company. While Dilts is optimistic about 3D Systems, she did say that the near-term upside could be limited following the stock's 116% share price surge earlier this month. The share price had been relatively flat for an entire year, but with the gains earlier this month, on top of today's increase, the company's stock is up 193% over the past four weeks.