Stratasys Drops After Hours; Focus on Markforged Deal
Stratasys Ltd. shares dropped roughly 3% late Thursday, as investors questioned if buying Markforged will jump-start growth without stacking up more execution risk for the 3D-printer company. The stock last traded at $9.56, after starting the session at $9.83 and swinging from $9.545 to $9.90. Timing is key. Stratasys is working to move investor focus away from choppy industrial demand and margin concerns, pushing the case for its growth in aerospace, defense, and higher-end 3D printing. The company, which calls the method additive manufacturing, makes parts layer by layer using digital files.
