Why Shapeways Stock Just Jumped 25%

Why Shapeways Stock Just Jumped 25%

Wall Street analysts are lining up to recommend shares of 3D printing design library Shapeways (NYSE: SHPW), which recently went public via a special purpose acquisition company merger. As of 10 a.m. EDT Tuesday, Shapeways stock had surged 24.6%. The bandwagon-hopping began on Monday when analysts at Stifel initiated coverage of Shapeways with a buy rating, then accelerated this morning when Craig-Hallum and Needham did likewise.