Tiger Brokers

Autodesk Inc. Stock Rallies 6.2%, Outperforms Peers

Dow Jones
Aug 28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Autodesk Inc. advanced 6.2% to $270.58 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,730.99 and the Dow Jones Industrial Average rising 0.2% to 53,569.44.

This was the stock's second consecutive day of gains.

Autodesk Inc. closed 17.8% below its 52-week high of $329.09, which the company achieved on September 8th.

The stock outperformed some of its peers, as Adobe Inc. rose 5.7% to $289.15, Oracle Corp. rose 2.1% to $151.94, and Trimble Inc. rose 3.12% to $61.54.

Trading volume totaled 3.7 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

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