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Thursday 23 April 2015
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Slumping Stocks To Watch List: Matador Resources (NYSE:MTDR), Penn Virginia (NYSE:PVA), Harsco (NYSE:HSC), Stratasys, (NASDAQ:SSYS)

On Thursday, Matador Resources Co (NYSE:MTDR)’s shares declined -7.19% to $27.24.

Matador Resources Co (MTDR) declared that it has priced an underwritten public offering of 7,000,000 shares of its common stock. Total estimated proceeds of the offering to Matador, before estimated offering expenses, are about $189 million. The offering is predictable to close on April 21, 2015, subject to customary closing conditions.

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

Penn Virginia Corporation (NYSE:PVA)’s shares dropped -7.01% to $7.43.

Penn Virginia Corporation (PVA) declared that it will release its first quarter 2015 results after the market closes on Monday, May 11, 2015, and hold a conference call / webcast on Tuesday, May 12, 2015, at 10:00 a.m. ET.

The full text of the first quarter earnings release and a link to the webcast will be accessible at PVA’s website and through other electronic business news services. You can take part in the conference call by phone or via the Internet.

Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.

At the end of Thursday’s trade, Harsco Corporation (NYSE:HSC)‘s shares dipped -6.33% to $15.83.

Harsco Corporation (HSC) declared the following plan and teleconference information for its first quarter 2015 earnings release.

Earnings Release: Wednesday, May 6, 2015 before NYSE market opening via public newswire distribution and the Harsco Corporation website at www.harsco.com.

Harsco Corporation provides industrial services and engineered products worldwide. The company operates through three segments: Harsco Metals and Minerals, Harsco Rail, and Harsco Industrial.

Stratasys, Ltd. (NASDAQ:SSYS), ended its Thursday’s trading session with -5.58% loss, and closed at $58.00.

Stratasys, Ltd. (SSYS) declared the introduction of the new Xtend 500 Fortus Plus, a high-volume filament package for Fortus 3D Production Systems. Stratasys also launched the industrial scale Objet1000 Plus 3D Production System which offers extra-large print size and accelerated speeds for demanding manufacturing applications counting aerospace, automotive, medical devices, and consumer products in addition to for service bureaus and universities.

Designed for reliable and unattended high-volume use, each Xtend 500 box contains 500 cubic inches of FDM thermoplastic material, delivering more than five times the output of standard canisters. When two material boxes are loaded into a Fortus 3D Production System, users can expect up to 400 hours of unattended run time and up to 1,000 cubic inches of material use.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Its AM systems utilize its patented fused deposition modeling and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from three-dimensional (3D) CAD files or other 3D content.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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