SCRI: Avid Ex CEO Now Resigns As Director

[Andrew Kimery]

[Bill Davis] “At worst it can drives companies towards short term profit targets to keep wall street happy. Performance metrics delivered NOW are always more reliable and less risky than those pesky “forward looking statements” that the legal teams are so persnickety about.
“

Agreed. Publicly traded companies are basically valued on growth so they have to keep getting bigger to keep Wall Street happy even if getting bigger isn’t in the best long term interests of the company.