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Midway delisted from NYSE

Midway has been delisted from the New York Stock Exchange, Edge reports. The company was warned in November that it may be delisted‭,‭ ‬as it had failed to maintain a minimum average closing price of‭ ‬$1‭ ‬per share over‭ ‬30‭ ‬consecutive trading days. Midway filed for Chapter 11 this month. Just depressing.

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New York Stock Exchange headlines

  • Midway stock falls 40% since sale

    Midway’s stock’s dropped 40 percent since Sumner Redstone dropped his 87 percent share in the firm for a song earlier this week. The publisher is now trading at 23 cents. Midway was served a delisting notice from the NYSE in late November, so we really could be seeing the end here. Watch and wince.

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  • Midway served NYSE delisting notice

    As reported by Gamespot, Midway’s been served a delisting notice by the New York Stock Exchange due to its failure to reach a minimum average closing price of $1.00 per share for the last 30 trading days. The company has six months to raise its stock price before the NYSE takes further action. For its […]

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  • Midway's shares slump 12%

    Midway’s shares slumped 12% on the New York Stock Exchange yesterday, meaning the sare value hit a 52 week low of 79 cents per share, writes Edge. Meanwhile, Forbes is reporting “that Sumner Redstone, the majority-owner of Midway Games’ parent company National Amusements, is said to be ‘wrapped up in talks with his creditors’.” Oh […]

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  • Sony shares rise on HD-DVD death

    According to this, Sony’s shares rose up to 5 percent on the NYSE this morning on the news that Toshiba has pulled out of the next gen movie disc race. “We believe Blu-ray’s victory could drive market share gains for the PS3, as we believe consumers will now be more willing to pay up (versus […]

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