Why Materialise Stock Was Falling on Tuesday
Shares of Materialise (NASDAQ: MTLS) were down 12% as of 1:29 p.m. ET on Tuesday after the company reported earnings results for the fourth quarter. The 3D printing services provider beat on revenue but missed on earnings, which sent the stock tumbling. Revenue increased 10% year over year in the fourth quarter, on top of a 12% increase for the full year.