Lexmark (LXK +13.2%) soars after announcing plans to exit inkjet printing and step up its stock...

|About: Lexmark International, Inc. (LXK)|By:, SA News Editor

Lexmark (LXK +13.2%) soars after announcing plans to exit inkjet printing and step up its stock buybacks. The company has had a rough year thanks to bad earnings news and poor industry demand. Interestingly, 3D printer vendors Stratasys (SSYS +2.4%) and 3D Systems (DDD +2%) are also trading higher, though Lexmark hadn't applied its inkjet tech to making 3D printers. H-P (HPQ) and Xerox (XRX) stand to gain inkjet share due to Lexmark's move.