GameStop soars after a post by the Reddit user Roaring Kitty, while Coherent announces the appointment of a new CEO.
The design-software firm has determined that there won’t be any restatement or adjustment of any previously announced financial statements.
Shares of design software company Autodesk (NASDAQ:ADSK) jumped 7.2% in the morning session after the company gave an update on its audit committee's investigation, which confirmed that there will be no "restatement or adjustment of any audited or unaudited, filed or previously announced, GAAP or non-GAAP financial statements." This update provides an additional source of relief for investors regarding the impact of the investigation on Autodesk's financials, at least in the short term.