NASDAQ delists THQ following bankruptcy filing

THQ Logo

It’s been a long time since we’ve been able to report any positive news about publisher THQ, and today’s latest does nothing to change that. During the recent holiday season THQ was dropped from NASDAQ listings. The reason? NASDAQ rules require that a listed company’s stock maintain a value of at least $1 per share. On December 19, the day THQ announced that it was filing for Chapter 11 bankruptcy protection, the company’s stock dipped to $0.36 per share. It currently trades at $0.22 per share.

So what happens now? For the moment, THQ will continue to be traded on other stock markets, specifically over-the-counter markets that operate via telephone and Internet, instead of a trading floor. Once the company’s bankruptcy proceedings conclude however, THQ will become a privately-owned company with no stock to speak of. The firm’s stated goal is to slowly work its way back up to prominence from its newly-humble status, and being a privately-owned video game publisher would allow it to take more risks and be an undeniably more agile company. It would obviously have less money available, but there are worse places to start ones re-ascent to the top of the gaming world.

Whether THQ will succeed in its mission or not is anyone’s guess. The good news though is that even if THQ completely dies off, the company’s intellectual properties are too valuable to really vanish for too long. Saints Row and Darksiders games will be made by somebody, somewhere, and fans of the WWE will never have to worry if there’s a company out there willing to throw together a virtual wrestling game. That said, we’ve previously applauded THQ’s attempts to avoid lay-offs throughout its financial struggles and hope that the company can maintain that stance. We’ll bring you more on THQ’s status as it emerges.

Computing

Nose cam no more. How Dell avoided a notch and fixed the XPS 13’s biggest flaw

The new Dell XPS 13 moves the webcam from the below the screen to the top, finally vanquishing the one obstacle facing thin, sleek laptop displays. We have the exclusive story on how it was done.
Home Theater

Not chill: Netflix is hiking prices across all its tiers

Netflix has to get the billions of dollars it's spending on new content from somewhere. The streaming giant announced price hikes across the board, raising its monthly rates between $1 and $2 per tier in the next few months.
Photography

The best mirrorless cameras pack all the power of a DSLR, minus the bulk

Mirrorless cameras offer a lot of photography firepower, inside a compact body. Explore the best mirrorless cameras, from the pro-level to the beginner-friendly shooters, in this guide.
Computing

OLED's return and a phalanx of Nvidia-powered notebooks defined laptops at CES

CES 2019 offered a lot of surprises and news from some of the biggest names in laptop makers. Here are the major themes in laptops from this year's show.
Gaming

Console wars are so last-gen. Check out all the games that support crossplay

Crossplay is still in its infancy, but a growing number of games support online multiplayer between competing platforms. Here's a list of all games that support console crossplay.
Gaming

Want to trick out your PlayStation 4? These themes will get you started

Personalize your gaming experience with some of our favorite themes for the PlayStation 4, including free, paid, static, and dynamic options.
Gaming

‘Mortal Kombat 11’ is even gorier and crazier than we expected

NetherRealm Studios unveiled Mortal Kombat 11 on January 17 and the game looks to be just as gory and over the top as fans have come to expect. Former MMA fighter Ronda Rousey will appear as Sonya Blade.
Gaming

Play your games whenever you want with a MicroSD card for your Nintendo Switch

The Nintendo Switch uses cartridge-based games, but its internal storage may fill up quicker than you would think. Here's what you should consider when picking out a MicroSD card to expand your Switch's storage capacity.
Gaming

Get your pilot skills up to snuff for this week's 'Fortnite' challenge guide

The Fortnite season 7, week 7 challenges are now available. The major challenge this week requires you to visit all the Fortnite expedition outposts in the game and we walk you through how to get to each.
Gaming

Get extra life with our tips and tricks for 'New Super Mario Bros. U Deluxe'

New Super Mario Bros. U Deluxe is a much more difficult game than you'd believe based on its adorable art style and 2D perspective. Here's how you can master the game's toughest challenges.
Gaming

Find all of the secret exits and world skips in 'New Super Mario Bros. U Deluxe'

New Super Mario Bros. U Deluxe has two distinct Mario experiences in one package. In this guide, we'll show you how to find all of the secret exits in New Super Mario Bros. U, that lead to hidden levels and let you skip worlds.
Gaming

Find all of the secret exits and world skips in 'New Super Luigi U Deluxe'

Just like all other 2D Mario games, New Super Mario Bros. Deluxe includes secret exits and world skips. In this guide, we'll show you how to get to all 12 secret exits in New Super Luigi U.
Gaming

For Netflix, ‘Fortnite’ on YouTube is a bigger threat than HBO

In a letter to shareholders, Netflix explained that it views the video game Fortnite as bigger competition than HBO, with YouTube videos of the game drawing viewers away from the streaming platform.
Gaming

Take a trip to a new virtual world with one of these awesome HTC Vive games

So you’re considering an HTC Vive, but don't know which games to get? Our list of 25 of the best HTC Vive games will help you out, whether you're into rhythm-based gaming, interstellar dogfights, or something else entirely.