THQ Stock Rises 40% Thanks to Humble Bundle

THQ’s CEO and president have paid generously for the Humble THQ Bundle; THQ’s stock has risen 40 percent as a result of the charity drive.

CEO Brian Farrell paid $1650 for the collection of titles, while president Jason Rubin paid $1050. Even World of Tanks developer Wargaming.net gave generously, chipping in $1600.

The bundle consists of seven titles: Saints Row The Third, Darksiders, Metro 2033, Red Faction Armageddon, Company of Heroes, Company of Heroes Opposing Fronts, and Company of Heroes Tales of Valor. Contributors can choose to split their “donation” (they are getting games out of it) between THQ, charities the American Red Cross and Child’s Play, and Humble Bundle, Inc.

“My donation was 100 per cent charity,” tweeted Rubin. “That should not be interpreted as a recommendation to others on their split.”

On the day of the bundle’s release, THQ’s stock rose by 37.96 percent to over $1.60 a share, and by close of the market on Friday it was at $1.45 a share, a marked improvement on the pre-bundle price of $1.07 on November 28.

At the time of this writing, the average purchase price of the bundle is $5.62, and over 58,900 bundles have been sold. Nine days remain for you to get a hold of one.


via GI International

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4 Comments on THQ Stock Rises 40% Thanks to Humble Bundle

David

On December 3, 2012 at 2:37 pm

I went ahead and bought a bundle, it was totally worth it. Hope they come out well after all this. They have a few good games and IPs worth keeping. When the new year is coming up, will you do some kind of spread on the past and current workings of different game companies, at least the ones who’s been talked(/stormed) about the most? (EA, THQ, 38Studios, etc)

quicktooth

On December 3, 2012 at 6:31 pm

Cool :) . THQ have LOTS of my favourite games; many of them from Relic Studios (Dawn of War). But I’m also a big fan of Darksiders; I really want THQ to stay afloat. This Humble Bundle sounds like a great idea; one sorely needed after the events of the last few years! Good on you, THQ.

Pheroh

On December 3, 2012 at 7:00 pm

There is a typo. I suppose you meant they sold over 589,000 bundles! Because they just passed 600k sold.

Red Menace

On December 3, 2012 at 7:44 pm

I noticed EFF wasn’t one of the charities I could give money too, since THQ supported SOPA.

JUST SAYIN’