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Developer and publisher THQ said today that it has regained compliance with the Nasdaq stock exchange’s minimum stock price requirement, successfully avoiding delisting. The Nasdaq Global Select Market states that in order for a company like THQ to stay listed, it needs to close at one dollar per share or higher for at least ten consecutive days. The Saint’s Row and Company of Heroes publisher achieved that goal after being given a 180-day grace period last January. At that time, THQ’s stock price had closed at under the minimum threshold of one dollar for 30 consecutive days, putting it at risk of the dreaded delisting. 
By Jeff Dunn |