NASDAQ Delists THQ Due to Bankruptcy Filing

THQ Nordic News

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As was expected from their filing of bankruptcy in mid-December THQ has now been delisted from the NASDAQ Stock Exchange.  Another blow to the company as it continues through the bankruptcy process, while delisted from NASDAQ the stock itself is still technically tradeable under the stock symbol THQIQ (the additional Q denoting the bankruptcy).  What does this mean for those currently holding stock in the company?  Trade them while you can, as after the bankruptcy is approved it will be privately owned and will likely be worth nothing, though at the time of writing THQ stock is only worth 22 cents a piece.

While the future of currently in production games is supposed to be secure in their development and release, only time will tell what will come of the company after the bankruptcy is approved and owned by, hopefully, people that know how to make money.

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