Newsflash Signup

Buy now at Zavvi.com
Activision

Midway could be delisted from NY stock exchange

Bookmark with Social network
Midway could be delisted from NY stock exchange

US publisher's share price is failing to meet minimum standard

Midway is in danger of being delisted from the New York Stock Exchange after failing to meet the standard share price for continued listing.

The firm has admitted its failure over maintaining a minimum average closing price of $1 per share over 30 consecutive trading days.

Company stock was 25 cents per share just prior to market opening Friday morning.

The company said it had six months to bring its stock back to shape – although that period may be extended.

Advertisement

Leave a Comment

Activision
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

Intent media, Company number 03641099