Shares of 3D printing stocks are trading higher in reaction to a report suggesting Apple is testing using 3D printers to make devices.
Portfolio Pulse from Bill Haddad
Shares of 3D printing stocks, including DDD and SSYS, are trading higher following a report that Apple is testing the use of 3D printers for device manufacturing.
August 30, 2023 | 5:24 pm
News sentiment analysis
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POSITIVE IMPACT
Shares of 3D Systems (DDD) are trading higher due to a report suggesting Apple's interest in 3D printing technology.
The report of Apple testing 3D printers for device manufacturing has led to a surge in 3D printing stocks, including DDD. This suggests a potential increase in demand for 3D printing technology, which could positively impact DDD's revenues and stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shares of Stratasys (SSYS) are trading higher following a report that Apple is testing 3D printers for device manufacturing.
The news of Apple testing 3D printers for device manufacturing has led to a rise in 3D printing stocks, including SSYS. This indicates a potential increase in demand for 3D printing technology, which could positively impact SSYS's revenues and stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80