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Majesco is once again out of compliance with the Nasdaq stock exchange for having a stock price under $1 for over 30 days. The company now has 180 days (about six months) to raise its common stock to at least $1 for ten consecutive business days.The publisher's shares took a dive in January when it...

March 8th 2013 at 9:00am 0 Comments
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Majesco closed the trading day at $0.75/share, down 29 percent from yesterday. The publisher now has 30 days to bring its stock price above a dollar before it receives a delisting notice from the NASDAQ stock exchange. Stocks valued at under a dollar are against the NASDAQ rules.The Cooking Mama co...

January 15th 2013 at 6:30pm 0 Comments
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THQ will keep its NASDAQ listing following the approval of a reverse stock split by its controlling board. Last week, stockholders met and approved a 10-to-one reverse stock split, effectively consolidating THQ's nearly 70 million stock units to around 7 million, and bringing their value from aroun...

July 2nd 2012 at 10:30am 0 Comments
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THQ filed plans with the SEC Friday for a June 29 stockholders meeting, where the company will propose a reverse stock split to avoid delisting from NASDAQ.In the filing, the company describes the need for the stock split to maintain the $1 per share minimum that NASDAQ requires for listing. THQ o...

May 27th 2012 at 12:00pm 0 Comments
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THQ's woes continue as the troubled publisher receives a delisting warning from the Nasdaq stock exchange. The company's stock has been trading below the minimum of $1 for the past 30 days.The publisher has 180 calendar days (until July 23, 2012) to make its stock regain compliance for 10 consecuti...

January 31st 2012 at 8:10am 0 Comments
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Marble Blast Ultra, one of the earliest Xbox Live Arcade games, has been removed from the service. The game is no longer listed on the Xbox Live Marketplace, though its DLC packs are still currently available. The delisting, according to XBLA Fans, is the result of developer GarageGames' recent a...

April 13th 2011 at 5:00am 0 Comments
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Things stateside haven't gone the way of Blockbuster Portugal (yet) but while the Blockbuster was able to make arrangements with creditors and avoid bankruptcy this week, it will be forced to delist from the New York Stock Exchange after a proposed reverse stock split fell through. Even the extensi...

July 3rd 2010 at 10:44pm 0 Comments
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Majesco, publisher of Cooking Mama and ... other stuff, has received a delisting notice from the Nasdaq stock market. The company now has 180 calendar days to bring its stock above $1 per share, the minimum required to remain on the exchange. The trick, though, is it can't just pop its fiscally hur...

March 8th 2010 at 11:10am 0 Comments
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Majesco has regained compliance with the Nasdaq stock exchange after completing a stint of ten consecutive days with a stock price of over $1. When asked for comment, Cooking Mama exclaimed, "RONDERFUL!"The publisher is known for Cooking Mama and ... um. Anyway, last August, Majesco was informed it...

April 3rd 2009 at 4:38pm 0 Comments
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Midway's stock has succumbed to the Swamps of Sadness and been delisted from the New York Stock Exchange. MCV reports that the walking corpse of a company failed to bring its stock to over $1 per share for over 30 days during the last few months, thus prompting the NYSE regulatory commission to sho...

February 19th 2009 at 10:45am 0 Comments