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.