AvidXchange Holdings, Inc. - Common Stock (AVDX)

These stocks have an unusual volume in today's session

Corpay, Inc. to acquire AvidXchange for $2.2 billion in cash, reflecting a 22% increase over recent stock price and a 16% premium over 90-day average trading price.

The company has reportedly been working with advisor Financial Technology Partners to consider options after receiving offers over the past few months.

Twin beats, raised revenue guidance... what wasn't to love in the company's latest set of quarterly figures?

AvidXchange stock got crushed, but its Q2 performance wasn't the driving factor.

AVDX stock results show that AvidXchange Holdings beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

AvidXchange shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

AVDX stock results show that AvidXchange Holdings beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Goldman Sachs analyst downgraded AvidXchange Holdings from Neutral to Sell and decreased price target due to high stock price and competition concerns.

As the bull market slows down, new investment opportunities in the form of cheap stocks to buy are presenting themselves.