Why 3D Systems Stock Was Sliding Hard This Week

A disappointing earnings report was the main news item driving down 3D Systems (NYSE: DDD) over the past few trading days, a situation compounded by a significant price target reduction from an analyst. This eroded the company's share price, which had fallen by nearly 30% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.In its first quarter, reported on Monday, 3D Systems saw its revenue decrease by 8% year over year to $95 million. Following a similar trajectory, the company's non-GAAP (adjusted) net loss widened to $0.21 per share from the year-ago shortfall of $0.17. The company also withdrew its full-year 2025 guidance. Finally, both headline metrics missed their respective consensus analyst estimates.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool