Why Autodesk Stock Slipped This Week
Autodesk(ADSK) The Motley Fool·2024-04-20 03:41
The company delayed some SEC filings.Shares of Autodesk (ADSK 2.41%) slipped by as much as 10% this week, according to data from S&P Global Market Intelligence. The software giant delayed its annual report filing with the Securities and Exchange Commission (SEC) and is currently doing an internal investigation of its accounting practices. Investors do not like any uncertainty around accounting mishaps and were likely spooked by this news.Autodesk stock is currently down 7.7% year to date while the broad mar ...