By Karen Laubenstein, US Fish and Wildlife Service, via Wikimedia Commons
Oscar Wilde may have said "the only thing worse than being talked about is not being talked about," but this dry observation certainly does not apply to the stock market - or indeed 3D printing stock, come to that.
This week, our Big Three have opened on a bearish note - and it is believed that the comments of one individual have led to this retreat.
CNBC Mad Money presenter Jim Cramer went against the flow of the general consensus that 3D printing is galloping to fresh heights by saying: "It is not my favorite. I think 3D stocks are vulnerable to profit taking. Let's be very careful."
He may be only one man, but this remark, according to a number of news outlets, caused the retreat marked on Wall Street this morning. So how far have 3D Systems (NYSE:DDD), Stratasys (NASDAQ:SSYS) and ExOne (NASDAQ:XONE) fallen? And what of Renishaw (LSE:RSW) and Arcam (Stockholm:ARCM)?
After announcing that it has welcomed SYNNEX as the newest member of its reseller network last week, 3D Systems has slipped on the New York Stock Exchange after closing on a 52-week high of $50.22 per unit on Friday.
This morning (June 3rd), the company opened on a downer, sliding by nearly six per cent shortly after open to a value of $45.65 per unit, just days after achieving its personal best for the past 12 months.
Stratasys suffered a similar fate and also disappointed on open this morning, marking a gloomy start to June for the industry stalwart.
Shortly after the markets opened in New York today, the 3D printing stock slumped by 5.3 per cent to $79.57, falling further from the 52-week high of $91.30 the organisation enjoyed just a fortnight ago and has not managed to recover to.
ExOne also slipped, tumbling down the NASDAQ at open today and shedding 7.5 per cent to $45.89.
Like 3D Systems, ExOne peaked with a new 52-week high on Friday, spiking at $49.62 per unit when the markets closed down for the weekend.
Renishaw - which manufactures additive manufacturing machines in the UK - has fortunately not followed the same pattern as the Big Three in City trading today.
On the London Stock Exchange, Renishaw made modest gains shortly after open and has stabilised with a 0.6 per cent rally, taking its share price up to 1761.00p per unit.
And the talk that Stratasys or 3D Systems could be vying to acquire Arcam may have quietened down for now, but that does not mean the rumours are not worth keeping in mind.
Indeed, this morning Arcam has gone the same way as the 3D printing industry juggernauts, sliding by 1.9 per cent in trading this afternoon to 336.50 SEK.