Autodesk Stock Surges 5.05% to 76th Place in Market Rankings as PTC Acquisition Bid is Dropped

On July 14, 2025, Autodesk's trading volume reached 11.01 billion, marking a 60.08% increase from the previous day, placing it 76th in the day's stock market rankings. Autodesk's stock price rose by 5.05%.

Autodesk Inc. has decided to abandon its pursuit of acquiring PTC Inc., a move that would have been one of the year's largest acquisitions. This decision comes after the company had been considering the acquisition for some time. The news of Autodesk dropping its pursuit of PTC has had a significant impact on the company's stock price, which rose sharply following the announcement.

Analysts have noted that the decision to drop the acquisition is likely to allow Autodesk to focus more on its organic growth strategies. The company has been known for its innovative software solutions in the design and engineering sectors, and this move could signal a renewed focus on developing its existing products and services.

The decision to abandon the PTC acquisition has also been seen as a positive development by some investors, who believe that Autodesk's stock may have been overvalued in anticipation of the deal. With the acquisition off the table, the company's stock price may now be more reflective of its underlying fundamentals, which could be a positive development for long-term investors.