What's Going On With Autodesk Shares Friday?
Autodesk shares are trading lower Friday after it reported Q2 results post-market Thursday and issued Q3 EPS guidance below estimates.
Autodesk told investors it expects to earn less money in the next three months than people predicted, so some traders are selling the stock right now. When a company's forecast (guess about the future) is lower than expected, people worry about whether things are going well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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