Shares of video game publisher THQ are trading lower Tuesday morning after Cowen analyst DougCreutz cut his rating on the stock to Neutral from Outperform, asserting that the company appears likely to miss its December quarter financial guidance.
"The venture with EA appears to give Wright a much more significant economic stake in his future game designs, as as well as more creative control, " Cowen and Company analysts DougCreutz and Adam Nolly wrote in a note to investors on Wednesday.