Fri, Feb 06, 2009 | 07:18 GMT
THQ shares fall 18% after shock financials
The market reacted badly to THQ’s news of a near-$200 million Q3 loss yesterday, sending its shared down 18 percent to $3.40.
The stock actually hit $2.45 at one point, its lowest level since October 1997.
THQ confirmed the loss earlier this week, as well as the need to drop 600 staff in an effort to cut costs.