Autodesk Plunges 5.01% as Tariffs, Short Interest Rise
Mover TrackerMonday, Apr 7, 2025 5:54 am ET
1min readOn 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
, 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.
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet