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THQ manages to retain NASDAQ listing
Troubled publisher is able to keep their stocks on the market
Posted by Alex 'SpectralShock' V on Jul 24, 2012 - 3:29pm EST (305 days ago)
THQ has announced that it has been allowed to remain on the stock trading market.
NASDAQ said that the publisher has regained compliance with the minimum bid price rule for continued listing on The NASDAQ Global Select Market. Reasons being, because the bid price of its common stock has closed at $1.00 per share or greater for at least 10 consecutive business days.
This is the latest development in the publisher's troubled financial situation, and finally a positive one.
THQ has plans to ship another Saint's Row, Company of Heroes 2, Darksiders 2, Metro Last Light, and more in the future.