The Traderszone Network

Published in TZ Latest News 17 May, 2017 by The TZ Newswire Staff

Why Shares of Stratasys, Ltd. Plunged 11% Today

Shares of 3D-printing leader Stratasys, Ltd. (NASDAQ: SSYS) fell as much as 11% on Wednesday, a day after the company reported earnings. At market close the stock had fallen 9.3% on the day, on nearly four times the normal volume of trading.

First-quarter earnings were released before the market opened on Tuesday, and while investors were initially disappointed, the stock traded nearly flat on the day. But after Tuesday’s market close, analyst comments began coming out, and the mood seemed to change. 

Image source: Getty Images.

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