Market roundup: A less-than-legendary week

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Dragon head

Stratasys was involved in one of the week's biggest 3D print stories - OCC's dragon bike project.

The British economy may have escaped a the triple-dip as of fresh figures revealed by Chancellor George Osborne this week, but unfortunately our Big Three have not enjoyed a similar recovery in their week's trading.

Although 3D Systems (NYSE:DDD) and Stratasys (NASDAQ:SSYS) have both released company news, investors have been bearish this week, but this is not necessarily a trend that is going to persist.

3D Systems

3D Systems was wrapped up in the Inside 3D Printing conference in New York at the beginning of the week, where the industry juggernaut chose to reveal the immediate availability of its new ProJet x60 series of full colour 3D printers.

This was great news for investors, with shares in 3D Systems immediately rallying on this news.

Here at TCT, however, we have heard rumbles of other developments and supposed announcements that haven't yet materialised. Perhaps some investors are clued into the same grapevines as us and have been on the edges of their seats for a big development, only for their knees to get tired forcing them to sit back?

This may be why in the opening trading session on Wall Street today (April 26th) 3D Systems is more than three per cent lower to $34?

Nevertheless, this is better than last week's $33.2 finish.

Stratasys

Stratasys has had plenty to report this week, revealing that it will be demonstrating its 3D printing technology at the world famous Concours Lépine show in Paris next week with Sculpteo.

Furthermore, the company has been part of one of the most talked-about 3D printing stories of the week, the Orange County Choppers story about a 3D-printed Chinese dragon bike.

But despite the media hype, the company's stocks look set to end this week on a slope, slipping 2.4 per cent to $74.71.

Last week, it ended trading nearer $70, so despite this recent retreat the company is still in a stronger position week-on-week.

ExOne

ExOne has not had much to report this week, but the company has still managed to gain ground on last week's $34.5 finish.

Just like its big brothers, the company has lost ground in opening trading in New York this Friday, but its share price is still higher than it was seven days ago - even if more marginally than Stratasys and 3D Systems - at $35.50.

Massive Dynamics

Just to round off; it's been a month since we published our What is Massive Dynamics feature looking into the dubious 3D printing company. Well this week the company announced it is getting a new boss and Real-View 3D director Jonathan J Howard will be taking over from Oscar Hines. As such, we've written a follow-up feature on Real-View 3D and Jonathan J Howard, while there is a piece on Oscar Hines on our Personalize site exploring the CEO and sole employee's other business operations. Happy reading and feel free to get in touch with us if you have anything to say about the ongoing Massive Dynamics saga.