Shares of 3D Systems Corp. (DDD), a South Carolina-based provider of 3D printing and digital manufacturing solutions, are climbing more than 9 percent or $2.89 in Friday's morning trade at $34.27, after hitting a new 52-week high of $34.60.
The stock has been rising for the past few days after Stifel Nicolaus reportedly initiated coverage of 3D Systems with a 'Hold' rating and $28 stock price target.
U.S. stocks are lower on Friday, retreating from record highs touched in the previous sessions. Profit taking and uncertainty about President Joe Biden's proposed $1.9 trillion coronavirus relief package generated selling pressure.
3D Systems has traded in a range of $4.60 to $34.60 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.