Nasdaq Clears THQ
THQ is cleared from the threat of being delisted from the Nasdaq.
Amidst Take-Two's stock backdating scandal [http://www.escapistmagazine.com/news/view/67938-Take-Two-Finds-Stock-Backdating], publisher THQ has come out of its own stock option grant issues [http://www.escapistmagazine.com/news/view/67512-THQ-Option-Investigation-Closes] unscathed.
Nasdaq has granted THQ compliance with market standards, and will allow them to remain listed on the Nasdaq Global Select Market. THQ recieved confirmation after submitting its corrected financial statements to Nasdaq last week. Shares of THQ [http://finance.google.com/finance?q=THQI] ended at $33.34 a share yesterday, up one percent from where they opened.
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THQ is cleared from the threat of being delisted from the Nasdaq.
Amidst Take-Two's stock backdating scandal [http://www.escapistmagazine.com/news/view/67938-Take-Two-Finds-Stock-Backdating], publisher THQ has come out of its own stock option grant issues [http://www.escapistmagazine.com/news/view/67512-THQ-Option-Investigation-Closes] unscathed.
Nasdaq has granted THQ compliance with market standards, and will allow them to remain listed on the Nasdaq Global Select Market. THQ recieved confirmation after submitting its corrected financial statements to Nasdaq last week. Shares of THQ [http://finance.google.com/finance?q=THQI] ended at $33.34 a share yesterday, up one percent from where they opened.
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