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Transmeta expelled from the Nasdaq exchange

Transmeta faces delisting from the Nasdaq electronic stock exchange due to low stock prices. A warning about this was sent to Transmeta a week ago.

Last Tuesday, at the close of trading, the company's shares were worth $ 0.61 per share.

At the end of February, Transmeta officially announced that it was leaving the processor market in order not to go broke completely. The company has cut one hundred jobs and closed offices in Japan and Taiwan.
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By the way, the title on the Transmeta website still says: “The Leader in Efficient Computing Technologies”.

via InfoWorld

Source: https://habr.com/ru/post/6004/


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