Mercury Interactive to Miss Filing Deadline

Shares of Mercury Interactive(MERQE Quote) were pummeled Tuesday after the business-software maker announced that it will not meet an already extended deadline to file its June and September quarterly results.

The delay could result in a delisting action by the Nasdaq, which said earlier that it would not grant another extension.

Mercury acknowledged that possibility, saying that it has asked that for an expedited relisting procedure if indeed it loses the right to be traded on the Nasdaq. ...