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THQ Regains Strong Footing on NASDAQ

July 24, 2012 by Ian Miles Cheong

The publisher has managed to regain its balance and looks to have a bright future ahead.

Darksiders 2

It was all doom and gloom for THQ for awhile, with forecasts suggesting that the publisher would shutter its doors before the end of the year. Predictions were made that Darksiders 2 and a number of other games would either be canceled or sold to another publisher. 

None of these predictions will come to pass, as THQ is making a strong resurgence on the NASDAQ. The company regained compliance with the stock market today, as their stock managed to remain at $1 per share or greater for the past ten days. 

Along with some smart publishing decisions in recent weeks including the cancelation of a DLC for Saints Row 3, the THQ's decision to reverse split its stocks from 68.5 million shares to 6.9 million appears to have worked. 

The publisher is set to release Darksiders 2 next month, and its lineup for next year includes Company of Heroes 2, Saints Row 4, South Park: The Stick of Truth, and Metro: Last Light. 

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