Note: iOS 9 + Facebook users w/ trouble scrolling: #super sorry# we hope to fix it asap. In the meantime Chrome Mobile is a reach around
hot  /  reviews  /  videos  /  cblogs  /  qposts

THQ gets stock delisting warning as money troubles grow

10:15 AM on 01.31.2012 // Jim Sterling
  @JimSterling

THQ's not been doing so hotly lately, but this week it received a particularly harsh blow -- the NASDAQ stock exchange has issued a delisting warning. For the past thirty days, THQ stock has been trading below a dollar, and it's faced with the challenge of fixing things sharpish. 

The Darksiders and UFC publisher has 180 days (ending July 23) to regain compliance, otherwise it'll be yanked off the market. In order to stay in favor, THQ will need to get its stock trading above $0.99 for ten consecutive days. 

It's not all over for THQ. It can appeal if delisted, and it can also extend the 180 days if required. Majesco has been in this situation more than once and managed to escape. Still, this is never a great position to be in, and indicates that THQ is in some serious trouble. 

Outside of its love of online passes, THQ is one of my favorite publishers. Its commitment to "core" games has always been appreciated, and it's published some of my top games this generation. That, and I know some terrific people who work there. I personally hope it pulls through.

THQ threatened with NASDAQ delisting [Develop]

 



Jim Sterling, Former Reviews Editor
 Follow Blog + disclosure JimSterling Tips
Destructoid reviews editor, responsible for running and maintaining the cutting edge videogame critique that people ignore because all they want to see are the scores at the end. Also a regular f... more   |   staff directory



 Setup email comments

Unsavory comments? Please report harassment, spam, and hate speech to our community fisters, and flag the user (we will ban users dishing bad karma). Can't see comments? Apps like Avast or browser extensions can cause it. You can fix it by adding *.disqus.com to your whitelists.

 Quickposts
Status updates from C-bloggers

TheKodu avatarTheKodu
Still better than Aliens Colonial Marines.
BaronVonSnakPak avatarBaronVonSnakPak
The good news: XCOM 2 is installed on my pc. The bad news: It runs about as well as a fat kid on ice.
Fuzunga avatarFuzunga
Get your Devil's Third, here! Hot, fresh Devil's third! [url]http://www.gamestop.com/wii-u/games/devils-third/118963[/url]
EAPidgeon avatarEAPidgeon
Glad I can support the site again with HUGE since my life is mostly back in order. Curious though if anyone knows what happened to the Merch Shop for the site.
TheBlondeBass avatarTheBlondeBass
Give me an open-world game and I'll find a way to mistreat children and the elderly.
MeanderBot avatarMeanderBot
What do you think guys? Text or no text?
Agent9 avatarAgent9
I'm dying of laughter, these are too good XD super Zangeif OP
Parismio avatarParismio
How dare they price her so low...
Fuzunga avatarFuzunga
Fire Emblem Fates special edition is confirmed to have all three versions on one cartridge, so you DO get Revelation early.
CJ Andriessen avatarCJ Andriessen
Frinkiac.com: Search Simpsons quotes, get the image from the episode where the quote is from and easily make a meme.
CoilWhine avatarCoilWhine
I ended up buying Yakuza 3 on Amazon and nabbing Gravity Rush Remastered on the PS Store. Both have trophies so I'm pretty hyped to play em.
Virtua Kazama avatarVirtua Kazama
Just finished a blog just in time for the 25th Anniversary of Street Fighter II, which is in a few minutes...
Parismio avatarParismio
Jesus Pacland in smash looks like something someone made in MSPaint. I love it.
Fuzunga avatarFuzunga
Looks like Nintendo was selling a North America exclusive 3DS cover plate. At least, I've never seen this particular one before. It's out of stock now, though.
Sir Shenanigans avatarSir Shenanigans
So Helldivers is pretty fucking great.
LinkSlayer64 avatarLinkSlayer64
Since I thanked Niero and Paladin on the site update article, might as we thank the rest of you staff, contributors, mods, volunteers, tippers, former workers, commenters, bloggers, quickshitposters, lurkers, trol-nevermind them, anyway XCOM2 calls!
RadicalYoseph avatarRadicalYoseph
I've got an even better picture! I'll post it in the comments.
Steel Squirrel avatarSteel Squirrel
I just have to post this pic because it's one of the best things ever. Gotta post it in the comments though.
Nathan D avatarNathan D
Hits Save in blog editor.Your post currently has a publish date of 2016-01-23 11:44 PM.
Samsneeze avatarSamsneeze
Maurice White, Earth, Wind and Fire founder died yesterday and 2016 continues to make it clear that it gives no shits about your favorite musicians and people.
more quickposts


Contest!


Seriously

Invert site colors

  Dark Theme
  Light Theme


Destructoid means family.
Living the dream, since 2006

Pssst. konami code + enter

modernmethod logo



Back to Top


We follow moms on   Facebook  and   Twitter
  Light Theme      Dark Theme
Pssst. Konami Code + Enter!
You may remix stuff our site under creative commons w/@
- Destructoid means family. Living the dream, since 2006 -