🤖 Tech Stocks Daily - August 23, 2024 🤖

AvidXchange is facing potential securities law violations with its stock plummeting nearly 30%, following underperformance in Q2 financials. Law firm Kessler Topaz Meltzer & Check is investigating on behalf of investors. Despite the financial stumble, AvidXchange is participating in the high-profile Piper Sandler and Goldman Sachs investment conferences, promoting their AP automation software and digital payment solutions, used by over 8,000 businesses. The company's focus is on digitizing accounts payable workflows.

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