Menu

Nintendo Share Price Plummets As Investors Are Badly Spooked
📰
0

Nintendo Share Price Plummets As Investors Are Badly Spooked

Kotaku·John Walker·22 days ago
#5fxbP13H
Reading 0:00
15s threshold

If Nintendo hoped last week’s announcement of a price increase for the Switch 2 would be enough to un-spook its shareholders, that’s now been entirely dashed.  Reuters reports that the company’s share price has fallen 7 percent since markets opened in Japan Monday 11, while it’s come to light (via VGC ) that the $50 increase still isn’t going to be enough to match increased expenses when producing the Switch 2. Without a big new game anywhere on the 2026 horizon, investors are really getting the jibblies . Last week’s price hike announcement was intended to calm market nerves after Nintendo had seen five months in a row of falling share prices and long-term concern from its investors, alongside lowering its sales expectations for the Switch 2 over the next year.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More