THQ has begun to rally to increase its stock value to prevent its delisting from NASDAQ. The publisher must trade above $0.99/share for ten consecutive days before the 23rd July.
The company's stocks have been surging, reaching $0.67 thanks in no small part to Saints Row: The Third and its downloadable content sales. According to THQ, the game sold 4M copies, surpassing the company's expectations. The stock had hit a lot of $0.45 last 17th April.
THQ hopes to rally the stock with a "17 game rescue plan", which includes such high profile games as Darksiders II, South Park: The Game and Homefront 2.
THQ rallying to avoid NASDAQ delisting
02 May 2012 | By JonahFalcon