Autodesk Inc (ADSK)

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Autodesk Inc (ADSK) Profile

Autodesk Inc (ADSK.xnas) is a multinational software corporation headquartered in San Rafael, California, United States. Autodesk makes software products and services for construction, engineering, media, manufacturing, entertainment, architecture, and education. Autodesk has offices worldwide, and its U.S offices are located in California, Colorado, Oregon, Michigan, Texas, Massachusetts and New Hampshire. Autodesk’s products have been used in many fields and projects, from Tesla electric cars to the One World Trade Center. The company employs 1500 people. Autodesk Inc stock (ADSK) is listed on the NASDAQ, had a market capitalisation of $55.41B (USD) as of January 2022 and $3.79B (USD) in 2021 yearly revenues. In 2021, Autodesk announced acquiring Innovyze, a smart water infrastructure modeling and simulation technology provider. Additionally, Autodesk announced the acquisition of ProEst, a cloud-based estimation solution enabling construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes in order to strengthen Autodesk Construction Cloud’s preconstruction offerings.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 17040

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