DDD<>3D Systems Corp.'s public offering of 3.7 million common shares priced at an 8.7% discount to Wednesday's close.
Shares were down 4.6% at $28.19 in light premarket trading, but up from the offering's price of $27 each.
The 3D printing-services provider said late Tuesday it planned to use the proceeds for future acquisitions, working capital and general corporate purposes
One potential earnings short-squeeze play in the mobile homes and RVs complex is Winnebago Industries (WGO), which is set to release its numbers on Thursday before the market open. This company is a U.S. manufacturer of recreation vehicles used in leisure travel and outdoor recreation activities. Wall Street analysts, on average, expect Winnebago Industries to report revenue of $164.69 million on earnings of 12 cents per share.
During the last six months, shares of Winnebago Industries have been trending up strong, with shares jumping over 27%. That move now has this stock trading just a few points off its 52-week high of $11.26 a share. A strong report for Winnebago Industries this week and the stock could trigger a near-term breakout trade.
The current short interest as a percentage of the float for Winnebago Industries is rather high at 13.2%. That means that out of the 29.23 million shares in the tradable float, 3.81 million shares are sold short by the bears. This is a high short interest on a stock with a relatively low float. If Winnebago Industries can deliver what the bulls re looking for, then this stock could skyrocket post-earnings.