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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Midway Facing New York Stock Exchange De-listing

by Rainier on Nov. 20, 2008 @ 2:08 p.m. PST

For once it's not Atari, as today Midway received notification from the New York Stock Exchange (NYSE) that it has fallen below the standard for continued listing of its common stock on the NYSE that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Midway plans to notify the NYSE that it will seek to cure the deficiency, but if not, its stock faces being delisted.
For once it's not Atari, as today Midway received notification from the New York Stock Exchange (NYSE) that it has fallen below the standard for continued listing of its common stock on the NYSE that requires a minimum average closing price of $1.00 per share over 30 consecutive trading days. Midway plans to notify the NYSE that it will seek to cure the deficiency, but if not, its stock faces being delisted.
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