Autodesk (ADSK) Stock Is Up, What You Need To Know What Happened? Shares of 3D design software company Autodesk (NASDAQ:ADSK) jumped 3.6% in the pre-market session after Schneider Electric announced a $22.6 billion all-cash acquisition of competitor PTC at a 42.3% premium, the company reported in a press release. The transaction sparked an investor re-rating of Autodesk as a comparable engineering and industrial software asset. Acquisitions struck at hefty premiums often prompt market participants to reassess the valuation of rival firms with comparable business models. Is now the time to buy Autodesk? Access our full analysis report here, it's free.
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