According to a report from Forbes.com, THQ, the developer and publisher of several well-known games including Saints Row, UFC games and WWE games were issued a delisting notice by NASDAQ as they’ve been trading under the minimum of $1 for the past 30 days. The report notes that the stock currently sits at 70 cents and that THQ has 6 months to change their fortunes and start trading above $1 for ten consecutive days.
The company has seen plummeting profits and in turn, massive layoffs to try and stabilize their fortunes.
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