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Avid Technology (NASDAQ:AVID) Sees Strong Trading Volume Following Analyst Upgrade

Avid Technology, Inc. (NASDAQ:AVID – Get Free Report) shares saw an uptick in trading volume on Thursday after Jefferies Financial Group raised their price target on the stock from $25.00 to $27.00. Jefferies Financial Group currently has a hold rating on the stock. 2,751,222 shares were traded during mid-day trading, an increase of 553% from […]
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Avid Technology Enters into Definitive Agreement to Be Acquired by an Affiliate of STG for $1.4 Billion

Avidยฎ the leading technology provider that powers the media and entertainment industry, announced that it has entered into a definitive agreement to be acquired by an affiliate of STG in an all-cash transaction.
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Avid Technology : Subscription revenue of $44.4M, an increase of 30.2% year-over-year, driven by a net increase of 17,700 Active Paid Software Subscriptions in the quarter, including continued growth in enterprise subscriptions

Subscription revenue of $44.4M, an increase of 30.2% year-over-year, driven by a net increase of 17,700 Active Paid Software Subscriptions in the quarter, including continued growth in...
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