Mon, May 28, 2012 | 03:54 BST

THQ hopes to merge stock to avoid NASDAQ delisting

THQ has announced plans to reverse split its stock in an attempt to fend off NASDAQ delisting. The battling publisher was given 180 days to bring its shares above $1 each after bottoming out in January; the deadline is July 23 and THQ is trading at around 60 cents. THQ will ask shareholders to approve the decision at a meeting on June 29.

Thanks, GamesIndustry.

2 comment-trail-alt Posted in: THQ, Trade
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2 comments

#1

silkvg247
28/05/12, 6:57 am

Hope this works for them.

#2

GrimRita
28/05/12, 8:03 am

same. they have a strong line up coming

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