Tag Archives: nasdaq
Fri, Aug 30, 2013 | 21:17 BST
Majesco Entertainment has been given a 180 day grace period to bring its share price up in order to avoid being delisted by Nasdaq. The grace period ends on February 24, 2014, so hopefully the firm can raise its share price to at least $1 for 10 days in order to remain listed. The firm was threatened with delisting in March, after its stock dropped below the $1 minimum on January 14. The original deadline was set on August 28, and was the third time Majesco was faced with a possible delisting. Thanks, GI International.
Fri, Mar 08, 2013 | 20:16 GMT
Majesco is being threatened, once again, with a delisting by Nasdaq. The issues is the firm’s stock has been under $1 for over 30 days. It now has 180 days to common stock prices to at the very least $1 for 10 business days in a row, or, it will be delisted. The firm was warned in January 2013, and had to re-enlist itself back in February 2011. Thanks, Joystiq.
Fri, Jan 11, 2013 | 15:40 GMT
THQ is officially off Nasdaq, according to a recent form 25-NSE SEC filing by the company, as the firm did not appeal the stock market’s decision to delist it.
Wed, Jan 02, 2013 | 20:24 GMT
THQ was delisted from NASDAQ over Christmas, and until the firm’s bankruptcy is settled, it will remain listed only on the Over-the-Counter Market. The game publisher is currently trading under THQIQ at $.22 per share, so if you wish to purchase stock in the firm, you will have to do it electronically or over the telephone instead of through the stock exchange floor. The firm announced it had filed Chapter 11 back in December 2012 and sold “substantially all of the assets” to a “stalking horse bidder” Clearlake Capital Group. Other interested parties will be able to offer competing bids. Thanks, Gamasutra.
Tue, Jul 24, 2012 | 11:20 BST
Mon, Jul 02, 2012 | 15:00 BST
Mon, May 28, 2012 | 03:54 BST
THQ has announced plans to reverse split its stock in an attempt to fend off NASDAQ delisting. The battling publisher was given 180 days to bring its shares above $1 each after bottoming out in January; the deadline is July 23 and THQ is trading at around 60 cents. THQ will ask shareholders to approve the decision at a meeting on June 29.
Tue, Jan 31, 2012 | 13:39 GMT
THQ has been threatened to be delisted by New York stock exchange NASDAQ after shares dropped below the $1 marker for 30 consecutive days.
Fri, Dec 16, 2011 | 03:39 GMT
A little radar blip for trade geeks, courtesy of Gamasutra: EA has announced a change in its NASDAQ ticker label. As of open trading on the morning of December 20, ERTS will be no more, replaced by the shorter EA, in line with the publisher’s acronym rebranding.
Sat, Dec 03, 2011 | 21:59 GMT
Zynga is seeking a $7 billion valuation for its initial public offering, which is down $10 billion from previous reports, with analysts agreeing the firm’s initial valuation was too ambitious and that the company should wait until it releases its Q4 financials. Sources state the firm will announce a price on December 15 and that the social game publisher could net around $900 million based on 100 million shares hitting Nasdaq at $8 to $10 each. If the firm hits the stock market at $7 billion as reported, it will put it in third place behind juggernauts Activision and EA, which hold a market value of $14.2 billion and $7.7 billion, respectively. Zynga is expected to hold an investor’s presentation next week. Via IndustryGamers. Thanks, Colin Gallacher.
Wed, Feb 02, 2011 | 21:18 GMT
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.