3D Systems Stock Sale Signals More Acquisitions

By | May 28, 2014

Scalper1 News

Shares of 3D printer maker 3D Systems tumbled Wednesday after the company announced a secondary public offering of its stock. The Rock Hill, S.C.-based company said Wednesday that it expects to generate gross proceeds of $317 million from the stock offering. 3D Systems (DDD) intends to sell 5.95 million shares in the offering this week. It also granted the underwriter, Canaccord Genuity, an option to purchase up to 892,500 additional shares within Scalper1 News

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