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Posts tagged NASDAQ

EA loses spot on the NASDAQ-100

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 ...

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NASDAQ tells THQ they cool for now

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 ...

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THQ retains NASDAQ listing as board approves reverse stock split

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 ...

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THQ planning reverse stock split to avoid NASDAQ delisting

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 ...

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Zynga shares close at record low following lackluster Facebook IPO

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 ...

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THQ receives stock delisting notice

THQ's woes continue as the troubled publisher receives a delisting warning from the Nasdaq stock exchange. The company's stock has been trading below the minimum of $1 for the past 30 days. The publisher has 180 calendar days (until July 23, 2012) to make its stock regain compliance for 10 ...

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BioWare docs explain how to stay true to your roots while expanding massively

With eight (eight!) studios around the globe as of the end of 2011, BioWare label heads Dr. Ray Muzyka and Dr. Greg Zeschuk have kind of a lot going on at any given time. When I spoke with them earlier this week at Times Square's NASDAQ building, though, they were remarkably calm after ringing ...

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Zynga stock falters, holds on first day of trading

Zynga stock finally roared out of the gate and on to the trading floor yesterday at $10 a share, but investors weren't hugely impressed with the social gaming company. The stock started up a dollar at $11, and then dropped back down two, and then thirty, and then fifty cents during the day, ...

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Zynga's IPO road show begins, expects to raise $1 billion

Zynga is doing extremely well, especially for a company that started by piggybacking on a social-networking site, Facebook, and making games about farming. Zynga is in the process of launching its IPO, and while it won't be worth as much as initially expected this summer -- dropping from an ...

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Counting Angry Birds before they hatch: dev talks US IPO, analysts need track record

Angry Birds developer Rovio has been on a roll: raking in millions of unit sales, breaking through to the mainstream and recently receiving another $42 million from investors. Now the company is talking about going public on the Nasdaq with an IPO in the next five years. "At an estimated value ...

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