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Majesco re-enlists with US Stock Exchange

Serious Sam and Cooking Mama publisher Majesco has pulled itself out of a recent fit of stock doldrums and rejoined the glowing ranks of the NASDAQ.

According to Industry Gamers, as of January 28, Majesco had topped the $1 mark for ten days running, meeting minimum requirements for NASDAQ listing.

In early 2010, Majesco's stock price fell below one dollar per share for thirty consecutive days, barring the publisher from listing on the US stock exchange.

Majesco was founded in 1986 and survived for 25 years on niche re-publications; reissues of Sega hardware; and the thriving portable and casual software market. Notable recent releases include the Xbox Live Arcade versions of Serious Sam, and the addition of the divisive Blood Rayne and Advent Rising titles to digital distribution portals.

Majesco's woes continue elsewhere; the publisher is still settling a lawsuit with Southpeak Interactive over the former's publication of the latest My Baby title.

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Brenna Hillier avatar

Brenna Hillier

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Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.

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