Avid (Burlington MA) has received approval to list its common stock on The NASDAQ Stock Market, LLC, effective with the open of trading on December 8, 2014, continuing to trade under the symbol AVID. The company had been delisted earlier this year.
“We are pleased that Avid stock will once again trade on the NASDAQ,” said John Frederick, Executive Vice President, Chief Financial and Administrative Officer of Avid. “We believe this milestone offers current and future Avid shareholders an exciting opportunity to share in the success of our business through improved access to our common stock. We look forward to generating sustainable, profitable growth as we continue to execute on our plan to unlock the full potential of Avid.”