Technology content trusted by users in Australia and around the world.
4,950 Articles | 29,849 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

AU EditionYou are located: Home > All News > Business, Financial & Legal News > Thanks to THQ's humble bundle, company stock soars

Thanks to THQ's humble bundle, company stock soars

By: (more) | Business, Financial & Legal News | Posted: Dec 4, 2012 11:31 am

It was only a month ago that we reported THQ were having financial difficulties, and just a few days ago we told you about the Humble THQ Bundle, which saw some seriously great deals for games.

 

thanks_to_thq_s_humble_bundle_company_stock_soars

 

Well, since THQ unveiled that deal, their stock prices have seen a huge surge. THQ's shares were $1.07 a piece on November 28, and when the bundle was released on the 29th, shares spiked at $1.60 - an increase of 37.96%.

 

By Friday, the shares slumped back down to $1.45 - but this still represents a huge improvement from $1.07. The bundle saw $3 million raised with 576,117 copies sold and has contributions from THQ executives like Brian Farrell and Jason Rubin. We could see this as a change to the way companies look at selling games, with a 'pay what you like' take on things.

 

It has obviously worked for THQ, let's just hope we see more of this in the future!


SOURCE #1

Related Tags



Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: SuperSpeed RamDisk Plus 11 Software Review
  • Upcoming Content: HP Envy TouchSmart 4 Touchscreen Ultrabook Laptop Review
  • Upcoming Content: MSI Radeon HD 7790 1GB OC Overclocked Video Card Review
  • Upcoming Content: Transcend 32GB Wi-Fi SDHC Review
  • Upcoming Content: ADATA DashDrive Elite UE700 USB 3.0 Flash Drive Review
  • Upcoming Content: Kingston DT Workspace 64GB 'Windows To Go' USB 3.0 Flash Drive Review
  • Upcoming Content: Lexar Professional 128GB Compact Flash Memory Card Review
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review

Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts

TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases