Avid, Maker of Pro Tools, Now Delisted from NASDAQ

We have an updated, more complete and accurate story on the issue, including commentary from Avid. Read the full feature In it, we look at the NASDAQ delisting, some ongoing concerns (SEC, DOJ, and a shareholder suit remain issues), but also Avid’s strategy and the response from the company on how they intend to move forward. Restructuring efforts at Avid maker Pro Tools are far from returning faith in the company by the stock market. Financial site The Street reports today on the state of the company’s stock. Most troubling, yesterday Avid received a letter from NASDAQ delisting the company …

READ MORE →