Midway could be delisted from NY stock exchange

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.

About MCV Staff

Check Also

MY.GAMES acquires hyper-casual publisher Mamboo Games

"There is a symbiosis between MY.GAMES' expertise in mid-core games and Mamboo Games' expertise which allows us to create successful projects in the hybrid casual genre."