Activist Starboard Value demands Autodesk explain accounting, financial issues
Publishing timestamp: 2024-06-25 09:29:49
Summary
Activist investor Starboard Value demands more clarity and accountability from Autodesk's board regarding internal probe that led to reassignment of CFO. Starboard believes more executives were involved in misleading investors about company's financial metrics. They also criticize Autodesk's spending on sales and marketing.
Sentiment: NEGATIVE
Tickers: ADSK,
Keywords: software, business, technology, breaking news: technology, business news, breaking news, autodesk inc, enterprise,
Source: https://www.cnbc.com/2024/06/25/autodesk-adsk-starboard-value-probe-what-happened.html