Is the 3-D printing revolution already over?
05.02.2015 21:00
You can make a lot of cool things with a 3-D printer, but excited investors aren't one of them.
Stratasys (SSYS), the company that owns 3-D consumer printer MakerBot, saw its stock plunge more than 30% after the company warned that fourth quarter earnings would be worse than expected late Monday. It also issued a poor forecast for the rest of 2015.
Not even an attempt to capitalize on the Super Bowl halftime show buzz was enough to help.
Stratasys put out a press release Tuesday morning to tout the fact that it was making 3-D printed mohawk headpieces to be worn by Katy Perry's backup dancers on her upcoming world tour.
The shocking results from Stratasys caused a big sell-off in the industry as well. Shares of key rival 3D Systems (DDD) fell nearly 10%. The stocks of two smaller 3-D printing companies -- ExOne (XONE) and voxeljet (VJET) -- were significantly lower as well.
(CNN)
ANN.Az
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