3D Systems Corporation Up 6% On Heavy Volume (TDSC)

3D Systems Corporation TDSC shares are soaring more than 6% on more than four times its average daily volume. This morning the company announced plans to expand its Rock Hill operations. "We are pleased with our ability to continue to expand our in-house operations in support of our long term target operating model," said Damon Gregoire, Senior Vice President and Chief Financial Officer for 3D Systems. "This initiative is consistent with our previously disclosed gross profit margin improvement program and closely mirrors our strategic growth plans." At last check, shares were up $3.02 to $47.40, a gain of 6.8%. 3D Systems Corporation, through its subsidiaries, designs, develops, manufactures, markets, and services 3-D printing, rapid manufacturing, and prototyping systems and related products and materials around the world.
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