THQ stock loses 12 percent after WWE extension
It seems investors are unhappy that one of THQ's most important relationships continues to be in flux. After the news that the company was extending its renewal notice with the WWE on October 28, its stock has lost 12 percent of its value, according to GameIndustry.biz. When compared to its worth on September 23, the company is down 26 percent.
THQ's convoluted relationship with JAKKS Pacific and the WWE is fully explained here, but it suffices to say that things are pretty messy right now, and it seems the stockholders are getting impatient for tidiness.
