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Autodesk Inc. Stock Rallies 7.8%, Outperforms Peers

Dow Jones
13 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Autodesk Inc. advanced 7.8% to $228.93 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.

This was the stock's third consecutive day of gains.

Autodesk Inc. closed 29.9% below its 52-week high of $326.71, which the company achieved on September 18th.

The stock outperformed some of its peers, as Adobe Inc. rose 5.3% to $265.60, Oracle Corp. fell 3.7% to $144.79, and Trimble Inc. rose 1.87% to $58.74.

Trading volume totaled 2.8 million, compared to the 50-day average of 2.1 million.

Data source: Dow Jones Market Data, FactSet

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