Autodesk Shares Slump on $3.6B Deal, Schedules June Investor Webcasts
ADSK•Autodesk shares fell sharply after investors voiced concerns over its planned $3.6 billion acquisition, citing valuation and integration risks. The company will present at the BofA Securities Global Technology Conference on June 3 and the Baird Global Consumer, Technology & Services Conference on June 4, with webcasts available on its investor relations site.
1. Sharp Stock Decline Over $3.6B Acquisition
Autodesk shares plunged following the announcement of a planned $3.6 billion acquisition, as investors questioned the deal’s valuation and potential integration challenges. Market reaction highlighted concerns over premium pricing and earnings dilution risks.
2. Upcoming Investor Conference Presentations
Autodesk executives are scheduled to present at the BofA Securities Global Technology Conference on June 3 and the Baird Global Consumer, Technology & Services Conference on June 4, with live webcasts and replays available on its investor relations website.
