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Brad Shapiro
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Brad Shapiro

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Apple has put the previous version of its Final Cut Studio video editing suite back on sale after a mixed reception to the new and completely...
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Brad Shapiro

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Wow! It's 10:45am and Avid's stock is down almost 25% today. Ouch.
Get detailed financial information on Avid Technology, Inc. (NASDAQ:AVID) including real-time stock quotes, historical charts & financial news, all for free!
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AvidTechnology Inc. (AVID US) dropped the most in the Russell 2000 Index, slumping22 percent to $14.29. The maker of software for digital audio and videoproduction reported a loss excluding some items of 10 cents a share in thesecond quarter. Analysts had expected a profit of 9 cents, according toBloomberg survey. JPMorgan Chase & Co. cut the stock’s rating to “neutral”from “overweight.”
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