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Rap Sheet

Author:

Mahyar Hashemi

Subject:

Analyst Coverage

Date:

06/11/09 at 6:40 PM CDT

 

 

READ: 431

RPLY: 0

0

0

RECS:0

Sentiment:

Strong Sell

THQ Inc. Sells Over 1 Million UFC Undisputed Copies In First Month

According to research group NPD, UFC Undisputed moved just over a million copies in its first twelve days on the shelf in North America.  That may explain why THQ stock is up 64% since its release date.  Analysts were expecting much fewer first month sales.  Wedbush Morgan senior analyst Michael Pachter had predicted 400,000 copies to sell in the first month.

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