Majesco shares enter dangerous territory

Zumba zumbafitFitness 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.

Read more at Gamasutra

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s