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TECH STOCKS: Techs Slip In Broad Market Selloff

By Benjamin Pimentel Technology stocks fell sharply Tuesday, but later recovered to pare losses, as the broader market was rattled by financial worries in Europe and Asia. The Nasdaq Composite Index (RIXF) slid a fraction to close at 2,211, putting the tech benchmark 2.6% lower for the year to date. However, the Morgan Stanley High Tech 35 Index (MSH) and the Philadelphia Semiconductor Index (SOX) each bounced back from losses to close with fractional gains. Major tech players were in the red, including Apple Inc. (AAPL), Dell Inc. (DELL) and Cisco Systems Inc. (CSCO). Shares of Oracle Corp. (ORCL) and Microsoft Corp. (MSFT) all moved down a fraction, while Yahoo Inc. (YHOO) fell 1.5% to close at $15.31. Autodesk Inc. (ADSK) was down 1.5% to close at $28.97, while Baidu Inc. (BIDU) dropped 2.7% to close at $69.08. The Dow Jones Industrial Average (DJI) lost about 23 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
05/20/201609:43:00U.S. Hot Stocks: Hot Stocks to Watch
05/19/201616:03:06Current Report Filing (8-k)
05/19/201616:01:00Autodesk First Quarter Results Driven by Strong Subscription...
05/18/201608:00:00Autodesk to Present at Upcoming Investor Conferences
05/17/201609:10:00HP Looks to Make Its Mark in 3-D Printing
05/06/201616:05:19Additional Proxy Soliciting Materials (definitive) (defa14a)
05/03/201616:17:45Statement of Changes in Beneficial Ownership (4)
05/02/201616:07:57Additional Proxy Soliciting Materials (definitive) (defa14a)
05/02/201616:07:56Proxy Statement (definitive) (def 14a)
05/02/201608:00:00Autodesk Extends Invitation to Join Financial Results Conference...
04/27/201611:00:00Marvell Adds Directors to Settle with Starboard
04/25/201616:17:34Statement of Changes in Beneficial Ownership (4)
04/18/201608:00:00Autodesk Boosts Advanced Rendering Capabilities Through Acquisition...
04/12/201611:31:00Shareholder Alert: Levi & Korsinsky, LLP Announces the Commencement...
04/07/201616:35:17Current Report Filing (8-k)
04/07/201616:30:00Autodesk Directors Dawson and Halvorson to Not Stand for Reelection
04/06/201610:45:00Purcell Julie & Lefkowitz LLP Is Investigating Autodesk, Inc...
04/05/201616:15:56Statement of Changes in Beneficial Ownership (4)
04/05/201616:15:03Statement of Changes in Beneficial Ownership (4)
04/01/201617:21:07Statement of Changes in Beneficial Ownership (4)

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