- Proto Labs Inc (NYSE:PRLB) signed an occupancy agreement to expand its additive manufacturing footprint in the Raleigh, N.C., area due to growing demand for its 3D printing services.
- Breaking ground later this month, the second location adds 120,000 sq. ft. of manufacturing capacity to its current facility near Morrisville, N.C.
- Protolabs worked with Capital Associates, a Raleigh-based real estate company, to facilitate the development of the manufacturing facility.
- Capital Associates will be the property owner, and Protolabs expects to occupy the location by late 2022.
- Price Action: PRLB shares are trading lower by 1.71% at $72.00 on the last check Wednesday.
Apple Hospitality REIT Q1 FFO $0.28 Up From $0.04 YoY, Sales $260.48M Beat $254.50M Estimate
Apple Hospitality REIT (NYSE:APLE) reported quarterly earnings of $0.28 per share. This is a 600 percent increase over earnings of $0.04 per share from the same period last year. The company reported quarterly sales of
