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Joystiq

Midway receives delisting notice from NYSE

by Alexander Sliwinski on Nov 21st 2008 9:45AM

Industry folks have been joking that Midway is the new Atari; however, while Atari is finding redemption in rebirth, Midway continues to sink deeper into the Swamps of Sadness. The latest bit of bad news comes from the New York Stock Exchange, which has put the publisher on notice for potential delisting.

NYSE states that Midway needs a closing price of at least $1 over 30 consecutive days -- the stock is currently trading at about 25¢. According to NYSE rules, the publisher has six months to save itself from delisting. At this time, the house of Booty has its financial future pinned on the performance of Mortal Kombat vs. DC Universe and Wheelman. Do you have the heart to tell Midway how this will end?

Source

Tags: delisting, midway, nyse

Reader Comments (57)

Cam on! foight it!!

Dont let the "Nothing take you"!

Good pic Joystiq.

edit note:
*ignore the quotations,placed all wrong, all wrong.*

"Stupid horse!!!"

Man I cried like a baby when Artex died. Then again, I think I was 4 when that movie came out, so I practically was a baby.

*Cue Price Is Right losing-music*

Wah-wah wah waaaaaaaaahhhhh!

I think you forgot a "wah"

I will buy MK vs DC if that means helping to keep Midway/competition alive.

Not sure what all the boo-hooing is about, Midway has long stopped being a decent contributor of good games to the industry. It really is a miracle that they are still around, nobody wants to buy them out because of the huge amount of debt they will accrue in doing so. Its way better and cheaper to let the company fold and then pick the IPs out of the ashes.

Midway pumps out low quality games on tight schedules with over estimated budgets, and they sell all of their games poorly. They will never get anything right until they fix their internal structure, (old guys pulling the strings that still think its 1991) and that will never happen.

I've seen how this movie ends...the horse is fine.

That horse died in real life because the lift he was on failed. Atreyu's tears were real, man.

Apparently Midway is the new Atreyu.

I lol'ed...

they should really take the bull by the horns...*snicker*

The horse is Artex. The hero is Atreyu.

I need to see that movie again.

It's available on Netflix instant viewing...

Good Night sweet prince.

*sobs*

Man... that picture just ruined my day, Joystiq...
*crawls under desk in a pit of his own tears*

There fucked.

Where fucked?

Here fucked.

Mere fuck???

C-C-C-C-Combo BREAKER!

Sorry it had to be done.

A werefuck! AAAAAH!

Deer Fucked?

Goddamn, T broke a combo so well that he jumped above Anam's post.

Yes, I noticed that as well. Nicely played, T. Your Braid-like abilities of time distortion are impressive indeed.

WHOOOOOOOP!

This shit's stupid as hell! Wooooop!

Atreyuuuuuu!

This means Midway comes back at the end. Sweet.

Why have I never seen this movie?

Never Ending Story? No?

Hrm... With the horrible animatronic "Luck Dragon" that had huge blinkety blink eyes while it spoke?

LOL Loved it when i was a youngin' along with Willow, Labrynth and the other fantasy movies.

You were born in the 90's.

I was born in '82, actually. I guess we can just chalk this one up to a "deprived childhood".

Well, at first I would say that seeing it for the first time now wouldn't be as special because you're all grown up, but I didn't see Labyrinth until I was in college, and that movie was still awesome. Neverending Story is even better than Labyrinth, so I say go rent it NOW!

I rode on the back of Falcor in front of the old studio bluescreen just last year in Munich.

Boo hoo, shouldn't of made a kiddie Mortal Kombat for the sole purpose of cashing in on the DC brand. Let them rot.

I think Midway needs to rebrand itself. Maybe they should change the name to "AllTheWay".

That, or get de-listed and call the company "NoWay"

I love MK and I love DC, but I'm still not sold on MK vs DC. Not at $60 anyways.

You know, if they somehow could price MK VS DCU at $40 like Rare did with Banjo, I bet they'd sell enough copies to make up the difference rather quickly.

Unfortunately, they're in no place to take such a risk.

Midway needs a big ol' shot of Phil Harrison. Ok, maybe they need more than that. A mature rating, perhaps?

"Do you have the heart to tell Midway how this will end?"

http://www.youtube.com/watch?v=FL_ZjJgbDmc

I'm kicking myself for not immediately recognizing what movie that pic is from. Help anyone?

Someone needs to brush up on their GOOD MOVIES knowledge.

The Neverending Story.

Now that you had to be reminded, if you don't purchase 10 copies of that movie and send them to people you know, your horse will sink into a swamp.

Man the Never Ending Story brings back memories. Some nice movie qoutes from that one indeed. "Sabastian say my name!" "I can't... I can't say your name!"

AAhh the good old days I got to get this movie.

Childrens movies have to be traumatic. It's the law.

(ARTAX NOOOOOOOOOOO!)

It's even worse in the book. Seriously.

Damn you Blank-Mage Dammm youuu!
*angrily shakes fist*

For knowing the horses name, of which i couldn't remember, hence my horrible 1rst post...

*slinks back into hole* SKREEee!

SAY MY NAME!

343 Guilty Fart

MOONCHILD!!!

(I never knew what Bastian said, so I had to look that up on IMDB)

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Breaking News

Midway receives delisting notice from NYSE

Reader Comments (57)

Posted: Nov 21st 2008 9:49AM Negatron said

Posted: Nov 21st 2008 9:54AM Negatron said

Posted: Nov 22nd 2008 5:32AM Cash9007 said

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Posted: Nov 21st 2008 10:29AM Courtney said

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Posted: Nov 21st 2008 11:10AM TRTX said

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Posted: Nov 21st 2008 11:24AM Shmil said

Posted: Nov 21st 2008 11:39AM darkinchworm said

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Posted: Nov 21st 2008 12:16PM The Blank Mage Returns said

Posted: Nov 21st 2008 2:51PM In A World said

Posted: Nov 21st 2008 10:34AM (Unverified) said

Posted: Nov 21st 2008 10:35AM KaneRobot said

Posted: Nov 21st 2008 10:35AM xGeneral DEATHxDEETH82 said

Posted: Nov 21st 2008 11:22AM Negatron said

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Posted: Nov 21st 2008 2:11PM xGeneral DEATHxDEETH82 said

Posted: Nov 21st 2008 3:01PM Levi Partridge said

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Posted: Nov 21st 2008 11:55AM Giggman said

Posted: Nov 21st 2008 12:18PM The Blank Mage Returns said

Posted: Nov 21st 2008 12:51PM falcomadol said

Posted: Nov 21st 2008 12:55PM Negatron said

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