NasdaqGS:ADSKSoftware
Autodesk (ADSK) Stock Rises 11% Following Strong Q2 Earnings
Autodesk (ADSK) reported strong second quarter earnings with revenue rising to $1,763 million, accompanied by robust net income growth. The company's stock price moved 11% over the past week. This price move may have been bolstered by the latest earnings results and positive future guidance, despite a weakening labor market and modest losses in major indices like the S&P 500 and Nasdaq during the same period. The announcement of product enhancements and continued share buyback activities also...