ADSK stock tumbled 13% in Wednesday’s trading after Autodesk Inc. (NASDAQ:ADSK) indicated that that ongoing trade war will hurt its financials in the second half of the year.
Autodesk Takes a Prudent Stand About FY2020 OutlookEqually, the company has reviewed its fiscal 2020 guidance. It has cited its broader exposure to the manufacturing and construction segments as a potential risk to its financial performance. The company stated in its Q2 earnings report that it continues to perform well and is currently unaffected by the trade war, although it is preparing itself for any setbacks regardless. ...
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