Midway delisted from NYSE

MCV Staff 19th February 2009 Event News

US publisher Midway has been delisted from the New York Stock Exchange after failing to meet regulations.

The firm was warned last November that it needed an average closing price of $1.00 per share over 30 consecutive trading days.

The market’s regulatory board has now decided that Midway’s stock should be suspended.

And in related news, it is being reported that the publisher has left the Entertainment Software Association, organiser fo E3.

GamePolitics reports that neither the ESA nor Midway have confirmed the departure, but Midway is missing from the member list on ESA’s website, though.

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