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Why ExOne (XONE) Stock Is Down Today

NEW YORK (TheStreet) -- ExOne (XONE - Get Report) stock is tumbling on Thursday after missing earnings and revenue expectations in its first quarter.

By late afternoon, shares had dropped 16.1% to $25.87.

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The 3D print specialist reported a net loss of 37 cents a share over the three months to March, 25 cents wider than analysts surveyed by Thomson Reuters expected. 

Must Read: Why Arctic Cat (ACAT) Stock Is Down Today

Revenue of $7.29 million slid 7.9% year over year and missed estimates of $9.86 million. 

Poor results from ExOne are dragging on other names in the sector. Voxeljet (VJET - Get Report) dropped 6.6% to $13.07, while 3D Systems (DDD - Get Report) was down 3.2% to $47.75.

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DDD $15.42 -7.00%
XONE $11.30 -6.60%
VJET $5.82 -1.20%
AAPL $95.43 1.90%
FB $117.79 -0.66%


Chart of I:DJI
DOW 17,762.45 -128.71 -0.72%
S&P 500 2,062.83 -18.60 -0.89%
NASDAQ 4,769.7260 -47.8680 -0.99%

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