Back to good. For now.
Stock exchange NASDAQ has notified publisher THQ that they're back in compliance after maintaining a closing stock price of over $1 for 10 consecutive business days.
The company managed this by conducting a ten-to-one reverse stock split, which consolidated their 70 million shares to 7 million, thereby inflating the stock price. Currently, THQ's market capitalization sits at $35.4 million and its stock is trading at around $5.16 as of today. The company has had to scramble to keep things going relatively normally, and their hope is that future AAA titles really hit big. For instance, Darksiders II , perhaps their most important game, is scheduled to launch in only a few weeks (August 14).
CEO Brian Farrell is on the record saying they need to focus on "great products" in both the short- and long-term. The good news, however, is that the "heavy lifting is done."