CAD Share Prices Break Thru One-Year Lows

The Autodesk share price fell by $2.50 (-8%) this morning to break its one-year low (of last March): $28.16. 52-week range: 29.58 - 51.32

Ansys is worse:  down by $3.04 (-9.50%) to $28.95; 52-week range: 31.00 - 49.86

Dassault Systemes is even worse:  down by $6.40 (-12.76%) to 43.77; 52-week range: 47.10 - 68.99

Less affected is PTC: down by $0.94 (-5.79%) to $15.30; 52-week range: 13.68 - 21.54. Still, its market capitalization is now down to $1.78 billion, meaning this is a cheaper price for someone else to buy them up.

Comments

[Mike]

$3.72/gal of fuel, more numbers in my 401 than in the 401

Will PTC take a check?

Mike

[Tony Tanzillo]

There may be more bad news for the software and CAD sectors, because SAP warned of a sharp drop in sales.