THQ Stock Drops 48%
The stock price of THQ plummets 48% after publication of its latest earnings report.
THQ, the company behind games such as Space Marine, Homefront, and Darksiders, has had its stock drop this morning after the company published its latest earnings report. So far, the stock has dropped 40% and the trading price per share is down to $1.55.
THQ posted a $21 million loss on revenue earnings of $107.4 million for the three month period ending September 30th. Delays have been announced for the release of South Park: The Stick of Truth, Company of Heroes 2, and Metro: Last Light. The company is now "exploring strategic alternatives.
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