Atari gets delisted by Nasdaq
Atari, which has gone from a once high-flying video game company to little more than a placeholder brand name owned by another company, announced Thursday that it has been delisted by Nasdaq.
The company, which is now fully owned by games publisher Infogrames, said in a statement that it received a letter on May 7 from Nasdaq "stating that a Nasdaq listing qualifications panel has determined to delist Atari Inc.'s securities from the Nasdaq Global Market and will suspend trading of Atari...shares effective" Friday.
The release also said that Atari plans to appeal the delisting, but … Read more