New York Stock Exchange
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.
New York Stock Exchange headlines
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.
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 […]
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 […]
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 […]