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Nasdaq Clears THQ

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1)   24 Jan 2007 15:32
Logan Frederick
News Room Contributor
Posts: 1361
Joined: 19 Aug 2006

Nasdaq Clears THQ

THQ is cleared from the threat of being delisted from the Nasdaq.

Amidst Take-Two's stock backdating scandal, publisher THQ has come out of its own stock option grant issues 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 ended at $33.34 a share yesterday, up one percent from where they opened.

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