Autodesk Inc. stock rises Friday, still underperforms market
Shares of Autodesk Inc. ADSK, inched 0.00% higher to $277.51 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, rising 0.19% to 4,247.44 and the Dow Jones Industrial Average DJIA, rising 0.04% to 34,479.60. This was the stock's second consecutive day of gains. Autodesk Inc. closed $43.62 short of its 52-week high ($321.13), which the company achieved on January 13th.
The stock underperformed when compared to some of its competitors Friday, as Apple Inc. AAPL, rose 0.98% to $127.35, Adobe Inc. ADBE, rose 1.07% to $541.26, and Synopsys Inc. SNPS, rose 0.38% to $263.07. Trading volume (982,356) remained 69,683 below its 50-day average volume of 1.1 M.
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