Zumba Fitness publisher Majesco is in danger of having its stock delisted. Editor-at-large Chris Morris examines the 26-year-old company’s precarious place on the stock market.
For the second time this year, a video game publisher is in danger of having its stock delisted.
Following THQ’s rocky start to the year, Zumba Fitness publisher Majesco’s stock is entering the red zone. For the past 25 days, the company’s stock has traded below $1. And unless things change by Dec. 12, that’s going to trigger a response by Nasdaq.