NEW YORK (
) -- Shares of
) were gapping down Friday morning with an open price 11.3% lower than Thursday's closing price. The stock closed at $7.90 Thursday and opened today's trading at $7.01.
The average volume for Avid Technology has been 226,200 shares per day over the past 30 days. Avid Technology has a market cap of $284.4 million and is part of the
industry. Shares are down 54.8% year to date as of the close of trading on Thursday.
Avid Technology, Inc. provides digital media content-creation products and solutions for film, video, audio, and broadcast professionals, as well as artists and home enthusiasts.
TheStreet Ratings rates Avid Technology as a
. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full
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