Autodesk (ADSK) Stock Drops 2.17% Amid Acquisition Rumors

Autodesk's (ADSK) stock price fell to its lowest level since May 2025 today, with an intraday decline of 2.17%.

The strategy of buying ADSK shares after they reach a recent low and holding for one week resulted in a 62.99% return over the past five years. This significantly outperformed the benchmark return of -100.00%, generating an excess return of 162.99%. The strategy also had a maximum drawdown of 0.00%, indicating it effectively managed risk, with a Sharpe ratio of 0.79 and a volatility of 27.32%.

Autodesk's recent stock price decline appears to be most directly related to rumors about a potential acquisition of PTC. This speculation has influenced market perceptions and contributed to the stock's fluctuation. The rumors suggest that Autodesk is considering acquiring PTC, which has led to significant market reactions. Additionally, another report mentions that Autodesk shares sank due to a report that the firm was looking to buy, which aligns with the acquisition rumors. These acquisition-related rumors are the most relevant factors affecting Autodesk's stock price in the provided information.