Majesco threatened with delisting by Nasdaq

By Stephany Nunneley, Friday, 8 March 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.

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