Autodesk Plunges 5.01% as Tariffs, Short Interest Rise

On April 7, 2025, Autodesk's stock price dropped by 5.01% in pre-market trading, reflecting a significant decline in the company's valuation.

Autodesk's stock price movement has been influenced by broader market trends, particularly the significant decline in the tech-heavy Nasdaq Composite due to tariff concerns. This market-wide downturn has affected many companies, including Autodesk, leading to a decrease in its stock price.

Additionally, the short interest in Autodesk's shares has been increasing, with a notable rise from 2,690,000 shares on February 28th to 3,210,000 shares on March 15th. This 19.3% increase in short interest suggests that more investors are betting against the company, which could contribute to the downward pressure on its stock price.