3D Systems Corp. (NYSE: DDD) stock slumped as much as 28% Wednesday in reaction to disappointing preliminary 2013 earnings - a move Money Morning readers were prepared for.
3D Systems cut its 2013 profit estimate to $0.83 to $0.87 per share, down from $0.93 to $1.03 per share. The company cited softer demand than expected for its consumer printers - even though demand for professional printers was stronger than expected.