Avid Technology, Inc. (NASDAQ: AVID), a Burlington, Massachusetts, company, fell to close at $29.76 Friday after losing $0.2 (0.67%) on volume of 268,864 shares. The stock ranged from a high of $30.69 to a low of $29.68 while Avid,’s market cap now stands at $1,357,183,135.
About Avid Technology, Inc.
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world-from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE ™, FastServe®, and Maestro ™.