NEW YORK ( TheStreet) - TheStreet Ratings has withdrawn the Sell rating on Avid Technology AVID. This action was due to the company's delisting from NASDAQ and the inability to rely on the company's financial statements.Avid Technology is targeting mid-2014 for the issuance of restated financials. Upon completion of the restatement and subsequent relisting on the NASDAQ, the stock will be reviewed for potential grading by TheStreet Ratings.
TheStreet Ratings Withdraws Coverage of AVID
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