3D Systems Declines After Announcing $250 Million Share Sale
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3D Systems Corp., a maker of three-dimensional printers, fell the most in 2 1/2 months after announcing the sale of about $250 million of its stock, plus an additional 1.3 million shares by company officers and directors.
3D Systems’s stock declined 4.7 percent to $40.64 at 12:12 p.m. in New York, and earlier touched $39.55 for the biggest intraday drop since Feb. 25. Through yesterday, the stock had climbed 20 percent so far this year, compared with a 14 percent gain in the Standard & Poor’s Smallcap 600 Index.