Altium (ALU) shares drop with targets pushed back
ALU -11%. FY21 result: beat consensus for FY21 and upgraded revenue guidance for FY22 however downgraded margin guidance.

ALU +19.75%: The Printed Circuit Board (PCB) design platform reported FY22 results after market yesterday and they were above our expectations.
Read MoreALU -11%. FY21 result: beat consensus for FY21 and upgraded revenue guidance for FY22 however downgraded margin guidance.
ALU -3.78%: A volatile session for ALU today with the stock down as much as ~14% early due to a report in The Australian suggesting that AutoDesk had walked from their $38.50 takeover offer.
ALU +39.03%: Our most recent purchase in the MM Flagship Growth Portfolio Altium (ALU) received a takeover approach over the weekend from Nasdaq Listed Autodesk.
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