THQ (THQI -28%) continues to crater after withdrawing guidance, announcing game delays and a...
THQ (THQI -28%) continues to crater after withdrawing guidance, announcing game delays and a need for fresh capital, and generally putting its survival in doubt in the eyes of many. "The big question is, can it make it to next year?," MKM's Eric Handler asked recently. He noted THQ's cash balance has dropped by 50% since the beginning of FY13, and that it has already tapped $21M from its $50M credit line.
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