Majesco’s share price has again wandered south of Wall Street’s Mendoza line, prompting NASDAQ to tell the maker of Cooking Mama to get it back north of $1 or face delisting from the exchange.
Sound familiar? Majesco got the same notice back in August 2008. The company’s share price closed today only marginally below a buck – 99.8 cents to be exact – but it’ll take more than a one-day, two-tenths of a cent rally to get them out of penny-stock jail.
https://lastchance.cc/majesco-might-get-kicked-off-the-stock-market-453118755%3C/a%3E%3C/p%3E
Majesco Receives Nasdaq Delisting Warning [Industry Gamers]
