Tuesday, 31 January 2012
THQ Finds Itself in More Trouble
This was further cemented today when THQ was threatened delisting by nasdaq, since their stock price seemed to be stuck under the $1 required price to be on the nasdaq listing. As Giant Bomb reports, THQ basically have 30 days to up their stock price or else they'll no longer be listed, which will end up making their price fall even further.
While they could recover, this pretty much seems like the death of THQ. It's hard to see how they could recover from this especially after such a big release like saints row 3, one would think that game would propel the back into the good books. However it seems not, and THQ is going to have to pull a miracle out if it hopes to recover it's stock price.