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Atari, Inc (ATAR)
Nasdaq: Atari could be delisted
Nasdaq: Atari could be delisted
joystiq - December 27, 2007
Submitted by ixaarii (444) at 5:36PM PST on December 27, 2007
"For the second time this year, Atari has received a warning from Nasdaq that its stock could be delisted. This time, the violation doesn't concern a tardy financial report, rather the market value of the ailing video game publisher's stock, which is below $15 million. If that number stays below $15m for thirty consecutive days, the stock will be delisted (and we can't imagine that's going to go over well with investors)."
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1dselljr posted on Atari, Inc (ATAR) at 7:32PM PST on December 27, 2007. RE: Nasdaq: Atari could be delistedbids
26ixaarii posted on Atari, Inc (ATAR) at 5:36PM PST on December 27, 2007. Article: Nasdaq: Atari could be delisted"For the second time this year, Atari has received a warning from Nasdaq that its stock could be delisted. This time, the violation doesn't concern a tardy financial report, rather the market value of the ailing video game publisher's stock, which is below $15 million. If that number stays below $15m for thirty consecutive days, the stock will be delisted (and we can't imagine that's going to go over well with investors)."[ Oracle ] [ Level 20 ] [ Rank: 444 ]
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The only question is who would want Atari for its resources (or lack of). The biggest reason that I see for any current videogame company to want Atari Atari is for its licenses and IPs that it currently has control over.