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Stock impact report

AvidXchange Holdings, Inc. (AVDX) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]

AvidXchange Holdings, Inc. (AVDX) 
NASDAQ:AMEX Investor Relations: ir.avantdiagnostics.com
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily gain of 0.23%. At the same time, the Dow lost 0.17%, and the tech-heavy Nasdaq gained 0.34%. Shares of the company witnessed a loss of 3.54% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 2.01% and the S&P 500's gain of 3.96%. The investment community will be paying close attention to the earnings performance of AvidXchange Holdings, Inc. in its upcoming release. Simultaneously, our latest consensus estimate expects the revenue to be $106.32 million, showing a 16.64% escalation compared to the year-ago quarter. AVDX's full-year Zacks Consensus Estimates are calling for earnings of $0.22 per share and revenue of $445.05 million. These results would represent year-over-year changes of +214.29% and +16.9%, respectively. Any recent changes to analyst estimates for AvidXchange Holdings, Inc. should also be noted by investors. These revisions help to show the ever-changing Show less Read more
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