Autodesk shares surge on better-than-expected quarterly results and an optimistic forecast

Autodesk shares surge on better-than-expected quarterly results and an optimistic forecast

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/21/autodesk-rises-after-q3-2019-earnings-beat.html

Autodesk shares jumped as much as 13 percent on Wednesday after the maker of design software reported better-than-expected quarterly results.

The stock climbed $12.41 to $135.46 as of mid-afternoon after reaching as high as $139.40. Even with today's rally, the shares are down more than 12 percent since the end of August amid a broader slump in technology stocks.