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3D Printer Stocks Drop After Obama Speech

| 3D Printers, 3D Systems, News, Stratasys | February 14, 2013

3D Printer Stocks Fall

After President Obama hails 3D printers, industry stocks fall

After initial gains on Wednesday stocks in 3D printer companies have dropped in the markets today after President Obama’s State of the Union speech on Tuesday.

In that speech Obama hailed 3D printers as the next manufacturing revolution and promised federal funding for 3D printing centers of excellence across the country.

Today 3D Systems Corp.(US:DDD) shares were down by over  5%, Stratasys Ltd.(US:SSYS) shares dropped nearly 7% and  ExOne Co.(US:XONE) shares also dropped, by around 4%.

After losing thousands of manufacturing jobs over the last few decades the government wants to make the U.S a world leader in both 3D printer technology and in take-up of their use in manufacturing sectors.

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