The Direct Digital Manufacturing and 3D printing sector remains hot with the strong results reported by Stratasys, Inc. (SSYS) Friday morning. The stock, though, was smashed 12% as investors fretted over inline Q4 guidance.
Stratasys engages in the development, manufacture, marketing, and servicing of three-dimensional (3D) printers, rapid prototyping (RP) systems, and related consumable materials for office-based RP and direct digital manufacturing (DDM) markets.
As written back in September, with the stock trading on Objet highs, Stone Fox Capital warned that investors were placing too much emphasis on a complex merger. At that point, the stock was valued as if the merger would complete without any hitches.
Read the full article at Seeking Alpha.
Disclosure: No position mentioned. Please review the disclaimer page for more details.