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TopicNintendo's disappointing E3 announcements send stock plunging
Ghirahim
06/14/18 8:12:44 PM
#20:


Darmik posted...
https://gamerant.com/nintendo-switch-reveal-stock-drop/

Gaming industry analysts comment as to why Nintendos stock price drops after the Nintendo Switch reveal, saying the console may struggle in the current market.

As Nintendo prepared to announce the Nintendo Switch, gamers and investors around the world were feeling epic levels of hype. The excitement was so strong, it drove Nintendos market value up, skyrocketing the companys value by $1 billion. However, once the gaming giant had officially revealed the Nintendo Switch, the companys stocks turned the other way.

The Tokyo Stock Exchange closed for the day with Nintendos shares down 6.5 percent. Unfortunately for Nintendo, this drop essentially erases the $1 billion market value that was added prior to the consoles release.


lol

bu- but NINTENDOOMED
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