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Two senior members of Electronic Arts sold off the entirety of their shares in the publisher late last week when the company hit the highest share price it's seen in well over five years. SEC filings revealed that Patrick Soderlund, executive vice president of EA Games and EA senior vice president...

May 12th 2014 at 6:15pm 0 Comments
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Majesco will once again appeal its Nasdaq stock delisting expected next week and seek a reverse stock split to regain compliance. The Cooking Mama and former Zumba publisher has been out of compliance with the stock exchange since March 1, 2013, which requires a $1 minimum share price. The compa...

February 20th 2014 at 12:23pm 0 Comments
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NASDAQ has given Cooking Mama publisher Majesco another 180 days to raise its (beef) stock value above $1.00, after the company failed to meet yesterday's existing deadline for the same goal. Majesco now has until February 24 of next year to become compliant with NASDAQ Listing Rule 5550, subsectio...

August 30th 2013 at 4:45pm 0 Comments
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As of Monday, July 15th, Tesla Motors will be included in the Nasdaq 100, a list of the largest non-financial stocks on Nasdaq's index. A spot in that elite group opened up when Oracle announced that it would be moving to the New York Stock Exchange, making it inelegible for inclusion on Nasdaq. T...

July 9th 2013 at 6:19pm 0 Comments
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The NASDAQ-100 Index will remove Electronic Arts as part of its annual re-ranking. The index, which is a fancy term for the grouping of a bunch of stocks, includes the 100 largest non-financial stocks listed on the Nasdaq stock exchange. EA joins nine other stocks, including Netflix, to be removed...

December 17th 2012 at 6:00pm 0 Comments
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THQ received notification from stock exchange NASDAQ that the company is back in compliance, having maintained a closing stock price of over $1 for 10 consecutive business days.The publisher accomplished the feat through a 10-to-one reverse stock split, consolidating THQ's 70 million shares to 7 mi...

July 24th 2012 at 9:00am 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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Facebook went public yesterday, and its unexpectedly less-than-stellar performance on the trading floor has had powerful ramifications for its social soul sister Zynga, which finished the day's trading at a record low of $7.16 a share.It's possible that Facebook's unimpressive IPO, closing out Frid...

May 19th 2012 at 1:30pm 0 Comments
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Apple has been traded on the NASDAQ exchange since it first went public back in 1980. For most of that time, AAPL has been part of the NASDAQ 100 index, so a gain or loss by the company has an impact on the technology-oriented exchange. A post on Barron's today posits that Apple, which is now t...

April 30th 2012 at 5:34pm 0 Comments