By Joey Gardiner, 26 July 2001 18:45
NEWS Nasdaq has warned troubled web design firm Razorfish it needs to increase its share price or face delisting. Razorfish's share price has been languishing at $1 since May, and currently resides at just 49 cents. According to US newswires the beleaguered company has 90 days to get the stock above the $1 line or be dumped by the exchange. Despite its troubles, Razorfish is currently planning to raise $30m of capital via the stock market and plans to offer more shares later this year.
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