Majesco Risks NASDAQ Delisting Again

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MajescoWhile publisher Majesco has publicly traded stock listed on the NASDAQ exchange, the company has had trouble adhering to the minimum listing requirements for the exchange. Today, Majesco received a notice that the company's stock has been below $1 per share for the last 30 consecutive trading days. Now, Majesco's stock needs to close at $1 per share or greater for a minimum of 10 consecutive trading days before February 18, 2009 or the company will be delisted from the exchange.

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This page contains a single entry by Editor published on August 28, 2008 1:25 PM.

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