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Why 3D Systems (DDD) Stock Is Falling Today
Shares of 3D printing company 3D Systems (NYSE:DDD) fell 19.9% in the afternoon session after the company reported weak fourth-quarter 2024 results, which missed across the key metrics we track, including sales, operating income, and earnings. The major highlight for the quarter was the steep 21% drop in Healthcare revenue, largely tied to a change in accounting in its Regenerative Medicine program, which masked positive momentum in other areas.
Petco (WOOF) Stock Trades Up, Here Is Why
Shares of pet-focused retailer Petco (NASDAQ:WOOF) jumped 35.1% in the morning session after the company reported impressive fourth quarter 2024 results. Sales were in line with expectations, while EBITDA came in significantly ahead.
Why Sensata Technologies (ST) Stock Is Down Today
Shares of sensor manufacturer Sensata Technology (NYSE:ST) fell 7.2% in the afternoon session after semiconductor stocks with significant exposure to the auto sector fell after US President Donald Trump announced a 25% tariff on all vehicles imported into the United States. The move raised concerns about a potential slowdown in global auto production, which would likely dampen demand for semiconductors used in automotive manufacturing.