THQ receives de-listing notice

THQ has been going through a rough patch lately with several layoffs and studio closures, and as of today things seem to be getting far worst now that they have received a delisting notice. The delisting notice stresses that unless THQ manages to raise their stock value over the $1 per share marker within 180 days, THQ shall be pulled from the NASDAQ Global Market. THQ's stock is now valued at $0.70 per share after a long period in decline, and also after over 30 days of beings valued under $1. Delisting a company might not necessary mean that the company will be closing down, but it doesn't spell good news for the company either.