THQ Avoids Delisting on NASDAQ

[Shawn Zipay]

A bullet was dodged today as THQ avoided being delisted from NASDAQ.

"[THQ] has received notification from NASDAQ that it has regained compliance with the minimum bid price rule for continued listing on The NASDAQ Global Select Market 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 news was relayed in a report update for investors. Earlier this month, THQ did a reverse stock split with hopes that it would help their current situation and raise the bid price a bit.

(via GI.biz)

[SgtMattBaker]

Re: THQ Avoids Delisting on NASDAQ

No wonder why Saints Row was on the Summer Sale at least 4 times with a last day 13usd for the Collection (I was angry about this)