AvidXchange (NASDAQ: AVDX)
AvidXchange Return vs. S&P
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AvidXchange Company Info
AvidXchange Holdings, Inc. engages in the provision of accounts payable (AP) automation software and payment solutions. Its cloud-based, software and payment platform digitizes and automates the AP workflows for middle market businesses and their suppliers. The firm provides solutions and services throughout North America spanning multiple industries including real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media. Its business roots back to the year 2000, when AvidXchange, Inc. was founded. The company was formed on January 27, 2021 as a holding company and is headquartered in Charlotte, NC.
News & Analysis
Why AvidXchange Holdings Stock Triumphed Today
Twin beats, raised revenue guidance... what wasn't to love in the company's latest set of quarterly figures?
Why AvidXchange Stock Plummeted Today
AvidXchange stock got crushed, but its Q2 performance wasn't the driving factor.
Valuation
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