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THQ stock loses 12% since WWE announcement

THQ is facing a tricky pre-Christmas period on the stock markets as the company's share price dropped by a further 6.5 per cent in trading yesterday, bringing the total to almost 12 per cent since last week's WWE/Jakks Pacific announcement and over 26 per cent since September 23.

The company is set to release its Q2 earnings tomorrow, but investors aren't showing confidence in the title line-up as the industry gears up for a big sales push in the next few weeks.

The price fell from USD 7.42 at the end of September to USD 5.62 by the end of last week, and now sits at USD 4.89.

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gamesindustry.biz
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