Publisher THQ delisted from Nasdaq stock exchange
Publisher THQ has been delisted from the Nazdaq stock exchange and is now registred on Over The Counter (OTC) markets. This means the publishers’ shares are now traded electronically or by telephone, rather than on the exchange trading floor.
The company, which filed for Chapter 11 bankruptcy at the end of 2012, is now listed as THQIQ instead of THQI. If the bankruptcy deal is approved, THQ will become privately owned and thus will no longer trade at all.
THQ’s CEO, Jason Rubin, called the company’s Chapter 11 action a “new start” for the company.