63

Atari Shareholder? We are sorry.

MondoPest | December 27, 2007 | News | Company Misc 
In the latest of a long chain of 'bad' things to happen to Atari, it has been handed another notice it will be delisted from NASDAQ should it not bring up it's stock market value back up above $15 million dollars.
Currently, it's stock's market value is currently worth less than $15 million dollars. If it stays under $15 million dollars for thirty days (by March 20th), it will be officially delisted from NASDAQ. The company is currently trading for $1.44 per share. Back in 2004, Atari's stocks were worth over $60 dollars per share.
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  • 0 thumbs!
    Synthesis | December 28, 2007
    Damn. I know those people are gonna be pissed if Atari doesn't make the deadline.
  • 0 thumbs!
    VeGiTAX2 | December 28, 2007
    The shareholders or NASDAQ?

    The shareholders are most likely beyond pissed right now because their $60 investment is tanked and not showing many signs of life at this point, well that is if they haven't sold their shares off already.

    NASDAQ wont care much at all, their bottom line is most likely keeping their overall market number high in a time where a lot of companies are regressing.

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