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Software design maker Autodesk said in a regulatory filing on Monday that it plans to pursue its "strategic priorities" and make only "targeted and tuck-in acquisitions," suggesting there will be no deal with software firm PTC.
@ProsperTradingAcademy's Scott Bauer turns to software on today's Big 3. Scott explains his perspective behind example options trades on Palo Alto Networks (PANW), Autodesk (ADSK), and Datadog (DDOG).
Investors sold off Autodesk stock in response to a report that the design software firm is weighing a bid for PTC.
U.S. equities were mostly higher at midday, boosted by optimism in the travel industry. The Dow Jones Industrial Average and S&P 500 were up, while the Nasdaq fell.
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Shares of software company PTC ended Wednesday's session up 18%.
Autodesk Inc is evaluating a cash-and-stock deal for rival software maker PTC , Bloomberg News reported on Wednesday, citing people familiar with the matter.
Autodesk NASDAQ: ADSK can hit new highs in Q3 due to its cloud shift, AI adoption, and strong financial performance. The company persistently outperforms its consensus figures and provides favorable guidance, a recipe for positive sentiment trends that drive market action.
Investors interested in Internet - Software stocks are likely familiar with ZoomInfo (GTM) and Autodesk (ADSK). But which of these two stocks is more attractive to value investors?
REDLANDS, Calif.--(BUSINESS WIRE)--Esri, the global leader in geographic information system (GIS) technology and location intelligence, today released ArcGIS for Autodesk Forma®. Part of a longstanding partnership with Autodesk®, this new integration introduces Esri's authoritative geospatial reference data into Autodesk Forma to transform design and planning for architecture, engineering, construction, and operations (AECO) professionals. ArcGIS for Autodesk Forma will allow more seamless coll.