DJ Autodesk Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Autodesk Inc. $(ADSK)$ shed 3.30% to $292.83 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Autodesk Inc. closed $33.79 short of its 52-week high ($326.62), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Adobe Inc. $(ADBE)$ fell 3.06% to $441.31 and Oracle Corp. $(ORCL)$ fell 2.53% to $165.41.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:48 ET (21:48 GMT)
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