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Posts tagged nasdaq

Three EA execs unload stocks as publisher hits five-year high

Two senior members of Electronic Arts sold off the entirety of their shares in the publisher late last week when the company hit the highest share price it's seen in well over five years. SEC filings revealed that Patrick Soderlund, executive vice president of EA Games and EA senior vice president ...

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Majesco cooking up stock split to avoid delisting

Majesco will once again appeal its Nasdaq stock delisting expected next week and seek a reverse stock split to regain compliance. The Cooking Mama and former Zumba publisher has been out of compliance with the stock exchange since March 1, 2013, which requires a $1 minimum share price. The com...

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NASDAQ extends Majesco's delisting grace period, new deadline Feb. 2014

NASDAQ has given Cooking Mama publisher Majesco another 180 days to raise its (beef) stock value above $1.00, after the company failed to meet yesterday's existing deadline for the same goal. Majesco now has until February 24 of next year to become compliant with NASDAQ Listing Rule 5550, subsectio...

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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 m...

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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 aroun...

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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 o...

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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 Fri...

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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 consecut...

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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 th...

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