BUZZ-3D Systems slides on starting $40 mln stock offering

3D Systems Corporation

3D Systems Corporation

DDD

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** 3D printer maker 3D Systems' DDD.N shares down 12.7% to $3.15 in extended trading as it seeks equity raise

** Rock Hill, South Carolina-based firm commences $40 mln stock offering

** Needham and Craig-Hallum joint bookrunners

** With ~146.9 mln shares outstanding, DDD has about $530 mln market cap

** DDD shares finished down 7% at $3.61 on Weds. Stock has surged 92% this quarter

** 1 analyst rates the stock "buy", the other 3 rate "hold"; median PT $4, per LSEG data


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