3D Systems Stock Is Taking A Hit Wednesday: What’s Happening?

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3D Systems Corp (NYSE: DDD) shares are trading lower Wednesday. The company reported preliminary results and announced an additional restructuring initiative. What Happened: 3D Systems said it expects third-quarter revenue to be between $123 million and $124 million, which would be down about $8.3 million to $9.3 million on a year-over-year basis, “driven primarily by continued softness in printer demand.” “This, combined with continued uncertainty in the macroeconomic and geopolitical environment, is leading the company to withdraw its full-year 2023 financial guidance,” the company said. Giv…

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