Avid Technology, Inc. (NASDAQ:AVID)
CAPS Rating:
The Company develops, markets, sells and supports a range of software and hardware products for the production, management and distribution of digital media content.
The Company develops, markets, sells and supports a range of software and hardware products for the production, management and distribution of digital media content.
Recs
Nice support at $36 for entry. AVID got slapped for revenue slowdown before new software release. It is a sign that studios are awaiting the new release and demand will be there.