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Atari to Effect 1-for-10 Reverse Split to Boost Share Price

Authored by Mark Hefflinger on November 7, 2006 - 3:54pm.
New York - Video game publisher Atari announced that it will seek approval from shareholders to effect a one-for-ten reverse stock split, in an attempt to raise the company's sagging $0.50 share price above the Nasdaq's $1 minimum requirement for continued listing.
tags: Games | Atari | Investing | Stocks | Splits |