3D printing stocks rose on Monday as the global market began its annual rally, which has pushed the global economy to its best in more than a decade.
Shares of 3D Systems, which owns the printer, jumped as much as 4% to $11.04 on the New York Stock Exchange after the company reported its first profit in six months, marking its third straight quarter of sales.
The stock rose as much in Tokyo and Hong Kong, which have the largest 3D printers in the world.
Shares of 3d Systems fell 1.2% in New York.
The stock was up more than 6% for the week to $1,939.97.
Shares in 3D printer maker 3D Scan were up more or less 5% to about $1.11 per share.
The company also posted revenue of $2.2 billion for the first quarter of the year.
Analysts expect 3D scanning to reach $100 billion by 2020, according to a Bloomberg report.
That’s an impressive haul for a business that uses laser-cut glass, which was invented about 30 years ago.
3D scanners cost about $500.