3Dシステムズ【DDD】の掲示板 〜2021/11/17

Cathie Wood's Ark Bought 2 Million 3D Shares Thursday

3D Systems saw revenue from health care rise 28% to $76.4 million, thanks to high demand for dental applications, both printers and materials, the company said.

Cathie Wood’s Ark Investment Management dove into 3D printer company 3D Systems (DDD) - Get 3D Systems Corporation Report Thursday after the stock’s drop this week, snatching 2,028,407 shares.

That kitty was worth $51.1 million as of Thursday’s close and went to the Ark Innovation ETF (ARKK) - Get ARK Innovation ETF Report.

The purchase came on top of the 266,370 shares Ark bought Tuesday in its Ark Autonomous Robotics and Technology ETF (ARKQ) - Get ARK Industrial Innovation ETF Report and its Ark Space Exploration and Innovation ETF (ARKX) - Get ARK Space Exploration ETF Report.

The entire holding was recently worth about $59 million, with 3D trading at $25.71, up 2%. The stock has plunged 21% this week, after announcing a $400 million debt offering Tuesday and even after a stronger-than-expected earnings report Tuesday.

Still, 3D has soared 146% year to date, compared to a 24% gain for the S&P 500.