THQ May Be Delisted On Nasdaq
Posted on Tuesday, January 31 @ 12:20:38 Eastern by
Nicholas Tan
For a publisher that creates sure-hits like Darksiders, Saints Row, WWE, and UFC Undisputed, THQ is unforunately struggling in the stock market. Unless the company can make a comeback on the Nasdaq stock exchange, it will be delisted.
Over the last four years, THQ's stock price has fallen from $36 per share to its current value of $.70 per share. If they are not able to stay above $1 per share for at least 10 consecutive days, it will be delisted.
THQ plans on overcoming this period of struggle by turning away from the kids gaming market and focusing on core games.
[Source]
sliverstorm
Joined: Jun 2007
That should buy them a month.
Nick_Tan
Joined: Jul 2006
mrallamericanboy
Joined: Jun 2006