One major publisher was split into pieces. One high profile development studio was shut down and another seems likely to be headed in that direction. And another publisher is trading in the Nasdaq red zone. What’s going on?
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.