THQ CEO Sells Off Stock
February 16th, 2008 by James Hyde in Analyst, Business, News, Offbeat
It’s usually not a good indication when a CEO sells off some stock, usually. THQ CEO Brian Farrel has exercised options for over 73 thousand shares, immediately selling off 52 thousand of them. He received them at $7.89 dollars, selling them at $19.40 dollars, netting him just over $10 million. Pretty sweet deal. The THQ stock has fallen from over $35 a share a year ago, to a mere $19 a share today.
