31 Aug
Back in March, publisher Majesco Entertainment was warned it would be delisted from NASDAQ if it could not raise its stock value above $1.00 by August 29th. NASDAQ Listing Rule 5550, subsection A, article two requires trading companies to have a “minimum bid price of at least $1 per share.” Majesco’s share prices had been […]
03 Jan
The THQ stock has been taken off the Nasdaq Stock Exchange, pending the bankruptcy case for which the publisher recently filed
For failing to keep their share price above $1 for 30 consecutive days, video game publisher THQ is facing down a possible de-listing from the Nasdaq electronic stock exchange. Trading consistently below $1 since early this past December, THQ has been given 180 days to restore its stock value. Should the company be unable to […]