This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3D Systems Jumps on Smartphone Deal

NEW YORK (TheStreet) -- 3D Systems (DDD - Get Report) jumped 6.7% to $76.99 in premarket trading Friday on news it's going to help Google (GOOG - Get Report) subsidiary Motorola Mobility make smartphone enclosures and modulars.

Motorola's Project Ara, which was helped build a platform to ensble consumers to be more empowered, will allow customers the opportunity to make certain functional and aesthetic choices about the devices, and 3-D printing is going to be a big part of that. 

"Project Ara was conceived to build a platform that empowers consumers all over the world with customization for a product made by and for the individual," said Avi Reichental, President and CEO of 3D Systems in a press release. "3D printing promotes a level of sustainability, functionality, and mass personalization that turns these kinds of global ambitions into attainable local realities. Project Ara combines two exponential technologies, and we expect that the resulting high-throughput advanced manufacturing platform will have far reaching implications on the entire digital thread that stitches together the factory of the future."

 



As part of the agreement, 3D Systems will expand its multi-material printing capabilities.  The company will also combine additive and subtractive manufacturing methods, which will allow it to deliver an integrated, faster production platform.

--Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DDD $11.92 -3.40%
GOOG $630.57 -0.10%
AAPL $114.78 -3.10%
FB $94.48 0.36%
TSLA $264.18 1.60%

Markets

Chart of I:DJI
DOW 17,586.76 -11.44 -0.06%
S&P 500 2,098.24 +0.20 0.01%
NASDAQ 5,112.5790 -2.8030 -0.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs