THQ has been issued a delistment warning from the NASDAQ Global Market. The company's stock has closed lower than $US1 for the last 30 consecutive days, triggering the warning. They have 180 days to bring the closing price back to above $US1 or face delistment.
If the stock cannot recover the company has a few options to prevent it from being delisted. It can appeal the decision to a hearings panel. According to Gamespot it could also transfer it's stock to the NASDAQ Captial Market, giving the company's stock another 180 days to recover.
THQ has experienced some restructuring of late, including layoffs in Australia and California, exiting the children's market, and reportedly cancelling game titles set for a 2014 release.
