Autodesk Inc. stock outperforms market on strong trading day
Shares of Autodesk Inc.
rallied 2.60% to $286.62 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.85% to 4,480.70 and the Dow Jones Industrial Average
rising 0.68% to 34,814.39. The stock’s rise snapped a four-day losing streak. Autodesk Inc. closed $57.77 short of its 52-week high ($344.39), which the company reached on August 24th.
The stock outperformed some of its competitors Wednesday, as Apple Inc.
rose 0.61% to $149.03, Adobe Inc.
rose 2.49% to $661.08, and Synopsys Inc.
rose 1.05% to $336.09. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.4 M.