Autodesk posts 9% gain following JPMorgan meeting

• Autodesk (NASDAQ:ADSK) flew higher on a day the company held a meeting hosted by JPMorgan. 9.2M shares were traded, far above a 3-month daily average of 3.3M.
• The CAD/CAM software vendor slipped last week after reiterating its FY16 guidance and setting FY20 targets at its analyst day (though various analysts defended the company), and fell hard in late August in response to soft FQ3/FY16 guidance. Shares remain down 14% YTD.