Midway To Get Delisted From The New York Stock Exchange
Midway need something close to a business miracle to get out of this: the New York Stock Exchange (NYSE) notified the publisher that a delisting might be coming its way in the near future.
November 21, 2008
The notice was sent on November 14 and gave Midway a period of six months from that date to solve its financial issues.
At present time, Midway's position is anything but pleasant. The company's shares will continue to be listed and traded on the NYSE for the next 6 months, but it remains to be seen whether its execs will come up with a solution.
On Thursday. Midway's stock closed at $0.25.