3D Systems surges past 52-week high again

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3D Systems (NYSE:DDD) has been having a record-breaking week, smashing its 52-week high twice in seven days.

The company has been enjoying something of a bull run since the release of its stellar financial results for the first quarter of 2013 at the end of April and since then acquisition announcements coupled with product news has boosted its share price on the markets.

Furthermore, there is growing speculation that 3D Systems is preparing to acquire Swedish additive manufacturing company Arcam. However, conflicting reports are hinting that Stratasys (NASDAQ:SSYS) is also vying to strike a deal with the Scandinavian company.

After creeping to $48.86 per share at the beginning of trading in New York this morning (May 21st), 3D Systems' share price has retreated by 1.7 per cent to $47.64. 

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