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Happy bull
This week has been a reasonably prosperous one for the 3D printing market despite the lack of any major development news being released by the main industry players.
Stratasys (NASDAQ: SSYS) has enjoyed a week-long rally that could extend to close of play today, while 3D Systems (NASDAQ: DDD) has rebounded after being recognised at a high-profile awards event.
Furthermore, there is talk of a robotic revolution transforming the 3D printing marketplace, but is this speculation enough to influence investor decisions at this (premature) juncture?
At market open on Wall Street today (March 22nd), Stratasys was 3.5 per cent up at $74.90 per unit, continuing its week-long advance and maintaining the tentative recovery it has endured since retreating to $63.00 in late February.
One Seeking Alpha reporter claims Stratasys has positioned itself well for making the most of growth in the 3D printing industry.
"There is no doubt about the long-term growth prospects of the company, and I believe it can be an attractive long-term investment," they stated.
As such, Stratasys' share price is $40 better than it was this time last year, so going long is certainly working for some investors out there.
3D Systems has enjoyed a jump on the New York Stock Exchange following its recognition at the Financial Times' Boldness in Business Awards. The 3D printing giant walked away from the event with a top prize for technology, further adding to the company's glowing reputation as a forward-thinking industry leader.
Shortly after the markets opened today, 3D Systems was up by 3.5 per cent to $31.67 per unit, perhaps turning a corner and wiggling its way out of its mid-March rut. But investors looking for a return to the company's $46.53 zenith from late January will be waiting a little while.
Finally, the Motley Fool has brought a new patent to our attention, from iRobot. Put Will Smith to the back of your mind for now, this is the New York-listed company (NASDAQ: IRBT) which has, according to Motley Fool, filed a patent for its Robotic Fabricator. The device would move and rotate a 3D-printed product while it was being printed, potentially enhancing the build process.
Speaking of 3D printing industry company names that also remind us of popular films and television shows, anybody who hasn't given our special feature looking at the mysterious Massive Dynamics should give it a read. Myself and my colleague Dan O'Connor have been working hard this week to put this piece together for the benefit of both TCT and Personalize readers and it unveils some intriguing information about the enigmatic organision, posing questions of its legitimacy as "a leading-edge designer, developer and manufacturer".
