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The publisher's share price plummets by 30% on the back of today's consolidation...
Days after a similar drop in share price at SCi Entertainment, THQ's price has today also plummeted by around 30%, less than twenty-four hours after the publisher confirmed the cancellation of Frontlines: Fuel of War on PlayStation 3, Destroy All Humans: Big Willy Unleashed, and a freeze on future instalments in the Stuntman and Juiced franchises.
Opening a few hours ago, the share price of publisher THQ dropped from around $25 to $17 a share. The shares fell to a similar in early December before recovering to just under $30 a share, around $6 short of its 12-month high.
The drop came despite the publisher announcing revised revenue forecasts for the third quarter of fiscal 2007/08, from $490 million to $509 million.
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Frontlines: Fuel of War (Cancelled)
Game Information
Available On:
PS3
| Release Date: | Players: |
|---|---|
| TBA | Online |
| Publisher: | Genre: |
| THQ | FPS |
| Developer: | PEGi Rating: |
| Kaos Studios | 16 |
Reviews & Ratings
11 Jan 2008
07 Dec 2007
Movies
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