THQ Stock Woes Continue
Company faces delisting from NASDAQ unless big changes take place.
WWE games publisher THQ had a rough start to 2012. Not only did it lay off staff, but it also faces a delisting from NASDAQ.
Currently, the stock price sits at a subpar $0.67, a horrid number. To avoid another embarrassing situation, it must bring the stock above $1.00 within 180 days, and once that happens, trade at that price for ten straight days.
Worse case scenario, THQ goes belly up ala Midway and its franchises get picked up by rivals. That would be a shame, and we hope the current situation doesn't affect the upcoming console adventure, Darksiders II.
Recently, THQ released WWE All Stars for 3DS.