Nasdaq to Keep Interplay--For Now

Computer game maker Interplay Entertainment Corp. said Monday that a panel has determined that the stock can continue to trade on the Nasdaq Stock Market as long as the Irvine company meets Nasdaq’s requirement for net tangible assets.

Interplay had appealed a Nasdaq decision earlier this year to delist the shares. In a news release, Interplay Entertainment said it will be able to remain on Nasdaq, provided its net tangible assets don’t fall below $8.3 million in its third quarter.

The stock closed Monday at $2.88, up 31 cents a share, or 12.2%.