Autodesk shares soar in early trade, Urban Outfitters sees gross margins fall, Netflix shares slip

Yahoo Finance

Here are the charts of the day for Wednesday March 7, 2018 Autodesk (ADSK): Shares are soaring in early trade. The software firm beat on both the top and bottom lines, but guidance was light. Urban Outfitters (URBN): Shares are dropping in midday trading. Despite an earnings and revenue beat, investors were not happy as gross margins fell more than expected. The retailer cited delivery and logistics expenses. Netflix (NFLX): Shares are slipping in early trading. A rare bit of analyst skepticism for Netflix, as Stifel downgraded shares to Hold, citing valuation concerns. Shares are up nearly 70% in 2018 alone. For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. Eastern, right here on Yahoo Finance.