Autodesk Inc. stock underperforms Tuesday when compared to competitors

Shares of Autodesk Inc.
ADSK,
-0.69%
shed 0.98% to $285.50 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.57%
falling 0.10% to 4,073.94 and Dow Jones Industrial Average
DJIA,
-0.84%
falling 0.29% to 33,430.24. The stock’s fall snapped a three-day winning streak. Autodesk Inc. closed $35.63 below its 52-week high ($321.13), which the company reached on January 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Apple Inc.
AAPL,
-0.96%
rose 0.25% to $126.21, Adobe Inc.
ADBE,
-0.02%
fell 0.06% to $491.34, and Synopsys Inc.
SNPS,
+0.30%
fell 1.06% to $257.36. Trading volume (898,424) remained 548,886 below its 50-day average volume of 1.4 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

View more information: https://www.marketwatch.com/story/autodesk-inc-stock-underperforms-tuesday-when-compared-to-competitors-01617741253-df454b05ed0a

Articles in category: moneyist
See also  Republican lawmakers hit back at Delta after CEO blasts Georgia voting law as undemocratic

Leave a Reply

Back to top button