3D Systems Announces $40M Equity Raise, Shares Slide Sharply After Hours
Shares of 3D Systems Corporation (NYSE:DDD) dropped 14.6% in after-hours trading on Wednesday after the company disclosed an underwritten public offering of $40 million of common stock. The firm said all shares in the proposed offering will be sold by 3D Systems, and underwriters have an option to buy up to an additional 15% of the shares. The comp…