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THQ Stock Dips After Homefront Reviews Surface

THQ saw its stock price take a considerable hit today, as a new wave of less-than-enthusiastic Homefront reviews hit the Internet.

THQ's stock closed today at $4.69 per share, down 21 percent from yesterday's closing price of $5.94 per share, which was a high for the last 30-day period. The shift in stock price mirrors the Metacritic rating of THQ's newest release Homefront, which was in the upper 80s yesterday. That average dropped to 72 today, as the review embargo for all gaming outlets lifted (including our review, which went up this morning).

The implication seems to be that investors are putting a lot of weight into Metacritic ratings, which probably isn't a good idea. After all, review scores aren't a reliable indicator for potential sales. Not to mention the fact that 72 isn't that bad of a score – if a company's stock can drop by 20 percent for what most reviewers consider an average rating, what happens when a game really tanks?

[via Gamasutra, image via Nasdaq.com]

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Comments
  • bummer for THQ
    I was hoping this game would be more than alright
  • Uh-oh.

  • Homefront seems like an mediocre way of trying to be like other shooters. But it might be a hidden gem, I am still going to try it out.

  • Geez, investors. I'm a little disappointed in how jumpy  you all are. It's THQ, after all.

  • its close to the perfect time to purchase THQ stock. two or three days from now with the release, the stock will steadily climb. Often, bad news like this is just the type of thing companies want to see. You'd know that GI if you ever learned anything from Eco class in high school, lol.
  • Yeah I dont like the sounds of that. This game sounded interesting, but after hearing the review I might wait a bit. Never the less, reviews should not drastically effect stock like Jeff. Though they are important to gamers, investors should wait and see how much it sells before dropping out.

  • I gotta say I have mixed feelings for this bad boy. The multiplayer has been a mess to join all day. The single player is not really anything special, the visuals are noticeably dated, but the missions can be interesting. I was really wanting this to be a contender for the FPS crown, but I am not seeing this as a franchise.
  • I'm trying and buying Homefront just for the fact of who isn't making it.

  • Hmmm, so I wonder if THQ is still planning on making this into a franchise?

  • Not terribly surprising. The only way THQ's price will recover is if sales were good in the first week. There was a lot of hype revolving around the game prior to release. I'm looking forward to seeing how things went.

  • Everyone puts too much stock into Metacritic, but there is no excuse for   noticeably dated visuals.  

  • Really people, really? Just because companies give their opinion on a game, doesn't mean you don't try it out yourself. BE INDEPENDENT!
  • It's amazing how reviews can really impact stock in a publisher that publishes a game that might not be spectacular. To me, the game seems ok, I still want to give it a go, the only reason why I am not crazy over the game is that it is another shooter. Another game in a already bloated genre of modern warfare like shooters, MW2, BFBC2, BLOPS (kinda modern), and Medal of Honor. The one thing the game has going for it is that is story sounds strong, other than that, to me it is a COD knock-off. GI gave it a 7, so it probably isn't that bad, certainly not worth $60 to me, maybe when it goes down a bit I will try it.

    What the shooter genre needs is a new setting, do you guys remember Battlefield 2142???

    besides which I am looking forward to Duke Nukem Forever a good throwback shooter.

  • It's amazing how reviews can really impact stock in a publisher that publishes a game that might not be spectacular. To me, the game seems ok, I still want to give it a go, the only reason why I am not crazy over the game is that it is another shooter. Another game in a already bloated genre of modern warfare like shooters, MW2, BFBC2, BLOPS (kinda modern), and Medal of Honor. The one thing the game has going for it is that is story sounds strong, other than that, to me it is a COD knock-off. GI gave it a 7, so it probably isn't that bad, certainly not worth $60 to me, maybe when it goes down a bit I will try it.

    What the shooter genre needs is a new setting, do you guys remember Battlefield 2142???

    besides which I am looking forward to Duke Nukem Forever a good throwback shooter.

  • The game is good, sure the visuals are a bit dated, but so are cod's and look at that game's score, try it out people, the reviews range from 90 to 60 so try it before you decide
  • After hearing the reviews I have demoted this to: when it drops in price if at all. I was skeptical at first anyway, however I do like THQ and it is sad that they took such a hit. On the up side, maybe this will call for more quality from other companies afraid of the same thing happening.

    Not everyone has the money or gamefly to try everything that comes out so they rely on reviews when considering a purchase. You can hardly even rent games nowadays thanks to netflix, red box and gamefly(good companies as they are) driving out local business. I think companies know this, effecting stocks based on review scores. However, a company's success is not based on reviews.
  • THQ never impressed me.
  • the only thing i see wrong with the game is the length of the single player campaign. i started playing at 1 am after i picked it up at the midnight launch and finished the last mission at a little after 5 am...maybe 4.5 hours. the "dated visuals" everyone seems to be talking about is not a game breaker for me and i had no problems with most of the things complained about in reviews. the multiplayer wasn't even working at 1 am but when i jumped into it today i found it to be very fun. only took about 2 minutes to get into a full 32 player match and the 10 or so games that followed were solid. i experienced no lag, no dropped matches or anything else. people really should give it a try before they start knocking it. I think overall this is an excellent game and i want to see more of the story unfold via DLC or a series of games.
  • i bet its worth a rent @ least.  sure hope its better than what people say

  • This is unfortunate news. Just because reviews are luke-warm, it doesn't mean a game isn't going to sell well. These stockholders should reference sales data before jumping ship, not reviews.
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