Re: Avid delisted on NASDAQ
Quote:
Originally Posted by nst7
Just for comparison, Apple has a market cap of 469 billion, and their cash reserve is 160 billion.
Avid has a market cap of 272 million, with 48 million in cash.
Doesn't sound totally bad.
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Apple's cash on hand is insane compared to their market, which is why they are under constant fire by shareholders pressuring them to release a massive chunk of that cash.
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