NASDAQ issues notice to Atari, problems continue

atarilogoYikes, problems continue to stack up for Atari; it even got to the point where Atari took themselves out of game development permanently last month. Even though they’re currently just a publisher, they’re not safe from continuing financial difficulties. 

Next-Generation notes that Atari received another notice from NASDAQ on December 21st because the company’s market value shares have been worth less than $15 million for 30 consecutive business days.

If Atari is unable to meet those criteria for just 10 consecutive business days before March, then they’ll be delisted.

Atari’s shares closed yesterday at $1.44 per share. 


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Author: GamerNode Staff View all posts by

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