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Benzinga
Benzinga
Business
Adam Eckert

Autodesk Stock Is Moving Lower: What's Happening?

Konskie,,Poland,-,November,18,,2024:,Autodesk,Company,Logo,Displayed

Autodesk Inc (NASDAQ:ADSK) shares are moving lower in extended trading on Wednesday following a report that the company is considering a takeover of a competing engineering-software provider.

What To Know: Autodesk is working with advisors as it weighs a potential acquisition of PTC Inc (NASDAQ:PTC) in a deal that would involve a mix of cash and stock, according to Bloomberg.

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