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Why Desktop Metal and Stratasys Stocks Rose Today

Rich Smith, The Motley Fool
·2 min read
Why Desktop Metal and Stratasys Stocks Rose Today

Last week, investors applauded 3D printer maker Stratasys' (NASDAQ: SSYS) announcement of an apparently impressive quarter in which the company seemed to earn a $0.02 per share profit, when investors had expected a loss (which indeed happened). A few days ago, I explained why investors who bid up Stratasys stock 10% on the news were making a mistake, and why Stratasys' business isn't going as great as it appears. As of 10:50 a.m. ET today, Stratasys stock is up 0.5%, and Desktop Metal is up 2.9%.

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