Shares of 3D Systems Corporation DDD were volatile Tuesday amid rumors that the firm may targeted for a takeover.'
The company indicated that its strategy has not changed in response to the takeover chatter. A 3D Systems spokesperson told Benzinga, "We plan to continue to be leaders and innovators and grow to be one of the 800 lb gorillas in the industry."
Shares spiked from $28.40 to $29.98 around 10 a.m. Tuesday before giving back most of the gain.
3D Systems recently traded at $29.07, up 1 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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