by Burke Speaker | November 27, 2013 9:25 am
Mediabistro (MBIS) interest and investment in 3D printing is paying off for the online media company — with stock surging nearly 90%.
MBIS stock must credit its boom in growth with its investment into 3D printing content site 3dprintingindustry.com, a media firm that covers the hot 3D printer market.
The two companies will produce a series of trade shows — called Inside 3D Printing — in a number of cities worldwide, with the first scheduled in Berlin in the spring. New York, Saõ Paulo, Seoul, Melbourne, Shenzhen, and Santa Clara will also host shows after that. (3dprintingindustry.com has previously held 3D printing events on its own.)
“We are pleased to be associated with what we believe to be the most widely read media platform that is fully dedicated to the 3D printing industry and community,” stated Alan M. Meckler, Chairman and CEO of Mediabistro Inc. “…The founders of 3DPI, together with Rachel Park, the site’s Editor in Chief, and their superior writing team provide extensive and in-depth daily coverage of all aspects of the growing 3D printing industry worldwide.”
In addition, the companies announced they will host the first-ever online job board specifically for the 3D printing industry.
3D printing stock, of course, has been on everyone’s lips of late — with big year-to-date gains for 3D Systems Corporation (DDD), Stratasys Ltd. (SSYS), and Voxeljet AG (VJET).
MBIS stock is up 105% year to date.
Source URL: http://investorplace.com/2013/11/mediabistro-3d-printing-mbis-stock-3d-printer/
Short URL: http://invstplc.com/1nwlNel
Copyright ©2014 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.