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Tuesday, Jul 16
3D printing stocks are diving today as investors take profits on a number of volatile tech names...
3D printing stocks are diving today as investors take profits on a number of volatile tech names - ExOne (XONE -12.8%) is the biggest casualty, but 3D Systems (DDD -3.3%), Stratasys (SSYS -5.3%), and Proto Labs (PRLB -3.6%) aren't unscathed either. ExOne is down 17% over the last 2 days, following BB&T's downgrade to Hold; the firm isn't sold on recent M&A speculation. Short interests for industry names have been growing; 34.4% and 28.7% of ExOne and 3D Systems' floats were respectively shorted as of June 28.