Acclaim on brink of stock market boot

De-listing threatened as share price slumps.

Posted by Staff
Acclaim in deep XXX!
Acclaim in deep XXX!
Acclaim Entertainment has been threatened with de-listing by Nasdaq following its share price bottoming out at under a dollar. As you may be aware, minimum price for trading on the Nasdaq is a dollar US.

This has been the case for the past thirty days, resulting in a standard, automated warning.

Nasdaq’s board has granted Acclaim until July 23 to sort out an increase in its value. If it fails, the firm will either be de-listed or be granted a final 180 days stay of execution.

We’ll bring you more on this as it progresses.
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