ATARI Risks Delisting From NASDAQ


NASDAQ has given Atari, Inc., (NASDAQ ATAR), game publisher and developer, until August 30, 2006 to bring its share price above $1 for ten consecutive days. If Atari fails to bring its share price above $1 for ten consecutive days, NASDAQ will delist Atari's shares. On March 10, 2006 Atari's shares traded at $0.76. The drop in Atari's share price follows disappointing sales numbers for its latest fiscal quarter.

Coverage at http://shorl.com/difrajofiresu  (Gamasutra)

Please note that the article stipulates that the deadline for bringing the share price above $1 is April 30, 2006 but it is in fact August 30, 2006.

View Atari's share price at www.nasdaq.com  (Symbol ATAR)

Authors

  • Casper Bych

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