• Shares of Autodesk, Inc. (ADSK) jumped 65.% following reports that activist fund Starboard Value has acquired a $500 million stake in the company.

• AMC Networks Inc.’s (AMCX) shares plummed 35.1% after the company announced its plans to sell $125 million in convertible senior notes due in 2029 in a private offering.

• Shares of Meta Platforms, Inc. (META) gained 0.5% as part of the broader tech rally.

• Amazon.com, Inc.’s (AMZN) shares rose 0.2% on the broader tech rally.

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