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Majesco stock dives below NASDAQ limits

Wednesday, 16th January 2013 02:48 GMT By Brenna Hillier

In the wake of its decent but not spectacular quarterly and annual financial release yesterday, Zumba publisher Majesco’s stock price has taken a beating, dropping 29% over one day to just 74¢ per share. The stock drop was probably triggered by the publisher’s inability to provide guidance, but it will have to scurry to climb back up above NASDAQ’s minimum $1 price before a 90 day time limit results in a delisting. Majesco’s quite experienced in this sphere though.

Thanks, GoNintendo.

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2 Comments

  1. DSB

    I blame Psychonauts.

    #1 2 years ago
  2. theevilaires

    They’ll back bounce… I hope.

    #2 2 years ago

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