Autodesk (ADSK) shares are climbing on reports that activist investor Starboard Value has a $500 million stake in the company. Video TranscriptThat shares moving higher on reports that Activist, a starboard value, has a $500 million stake in the company. Starboard Value is reportedly seeking changes within auto desk, including a potential board shake up. This is all stemming from what has played out at Auto Desk here over the last several months. Starboard value of $500 million daycare in auto desk and now pushing for some changes here in a letter to auto desk executives.

Source: Wall Street Journal June 17, 2024 13:54 UTC