Why Shares of Autodesk Slumped in June

·2 min read

The move comes in a weak month for industrial software companies, with the market rife with worries over rising interest rates' impact on economic growth. Slowing growth is an issue for Autodesk because it makes software for the design-and-build (architecture, engineering, and construction) and design-and-make (manufacturing) end markets. The market speculating that economic growth will slow doesn't mean it will necessarily happen.