Advertisement
Canada markets open in 32 minutes
  • S&P/TSX

    21,871.96
    +64.59 (+0.30%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CAD/USD

    0.7302
    +0.0001 (+0.02%)
     
  • CRUDE OIL

    80.97
    -0.93 (-1.14%)
     
  • Bitcoin CAD

    90,490.84
    +159.41 (+0.18%)
     
  • CMC Crypto 200

    1,420.46
    +5.70 (+0.40%)
     
  • GOLD FUTURES

    2,323.20
    -23.20 (-0.99%)
     
  • RUSSELL 2000

    1,967.47
    +19.82 (+1.02%)
     
  • 10-Yr Bond

    4.6400
    +0.0170 (+0.37%)
     
  • NASDAQ futures

    17,407.25
    +57.25 (+0.33%)
     
  • VOLATILITY

    16.56
    -0.38 (-2.25%)
     
  • FTSE

    8,036.68
    +12.81 (+0.16%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6840
    -0.0010 (-0.15%)
     

Why Proto Labs Stock Plunged 67% in 2021

Why Proto Labs Stock Plunged 67% in 2021

Shares of quick-turn contract manufacturer Proto Labs (NYSE: PRLB) plummeted 66.5% in 2021, according to data from S&P Global Market Intelligence. The stock's poor performance can be largely attributed to fallout from the pandemic and the company underperforming Wall Street's expectations, as we'll explore in a moment. With that said, pure-play 3D printing companies Stratasys and 3D Systems gained 18.2% and 106%, respectively, in 2021.