NYSE:DDDMachinery
3D Systems (DDD): Reassessing Valuation After Convertible Debt-for-Equity Swap and Capital Structure Shake-Up
3D Systems (DDD) just shook up its balance sheet, agreeing to swap about $30.8 million of its 2026 convertible notes for roughly 16.6 million new shares, a debt reducing move that immediately hit the stock.
See our latest analysis for 3D Systems.
The sharp reaction to this debt for equity swap fits into a tougher stretch for 3D Systems, with a steep 7 day share price return of minus 19.9 percent and a 1 year total shareholder return of minus 47.5 percent, suggesting fading momentum as...