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TECH STOCKS: Techs Head South In Broad Market Sell-off

By Benjamin Pimentel Technology stocks fell sharply Tuesday, swept along in a broader market retreat triggered by financial worries in Europe and Asia. The Nasdaq Composite Index (RIXF) tumbled nearly 3% to 2,152 shortly after the open of trading, putting the tech benchmark more than 5% lower for the year to date. The Morgan Stanley High Tech 35 Index (MSH) also fell, down more than 2%, while the Philadelphia Semiconductor Index (SOX) tumbled more than 3%. Leading the decline were some of the tech industry's biggest players, including blue chips Intel Corp. (INTC), Cisco Systems (CSCO) and Hewlett-Packard (HPQ). Shares of Oracle Corp. (ORCL), Microsoft (MSFT) and Google Inc. (GOOG) all moved down more than 2%, while Yahoo Inc. (YHOO) fell more than 3%. Worse still, Autodesk Inc. (ADSK) and Baidu Inc. (BIDU) both dropped more than 4%. The Dow Jones Industrial Average (DJI) lost more than 200 points as investors rattled by tensions on the Korean peninsula and the financial crisis in Europe decided to sell out of positions.

Stock News for Autodesk (ADSK)
DateTimeHeadline
12/02/201616:32:13Statement of Changes in Beneficial Ownership (4)
12/01/201616:06:44Quarterly Report (10-q)
12/01/201608:00:00Autodesk to Present at the Barclays Global Technology, Media...
11/29/201616:02:16Current Report Filing (8-k)
11/29/201616:01:00Autodesk Reports Strong Third Quarter Results
11/28/201608:00:00Autodesk Extends Invitation to Join Webcast of Investor Day Event
11/15/201613:00:00Autodesk Bets Big on Forge Platform to Make Anything
11/15/201613:00:00Thousands Experience the Future of Making Things at Autodesk...
11/14/201615:36:47Statement of Changes in Beneficial Ownership (4)
11/10/201611:47:24Statement of Ownership (sc 13g)
11/04/201616:16:41Statement of Changes in Beneficial Ownership (4)
11/02/201616:25:36Statement of Changes in Beneficial Ownership (4)
11/02/201616:24:19Statement of Changes in Beneficial Ownership (4)
11/01/201608:00:00Autodesk Extends Invitation to Join Financial Results Conference...
10/25/201615:00:00Autodesk Takes Customer Service & Support to New Heights with...
10/04/201616:55:46Statement of Changes in Beneficial Ownership (4)
10/04/201616:46:11Statement of Changes in Beneficial Ownership (4)
10/03/201616:29:53Amended Statement of Ownership (sc 13g/a)
09/23/201616:09:46Statement of Changes in Beneficial Ownership (4)
09/21/201616:09:00Statement of Changes in Beneficial Ownership (4)

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