Current Events > Nintendo's disappointing E3 announcements send stock plunging

(+) Yeah! (+)

http://money.cnn.com/2018/06/14/investing/e3-nintendo-stock-drop/index.html

fake news?
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But they totally won, guys!
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- Reggie says "who knows" as to why Nintendo stock dropped

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all they have to do is wait for smash and they are set lol
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I was really surprised, I'd expected it to go up a little even. I have no idea why anyone would find their announcements to be disappointing. I must assume that the stock people have no idea how much hype Smash nets.
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Honestly their E3 overall was kinda lame. But the smash stuff was 10/10.
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Basically they gave info on Smash. That's it
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EA's stock is up

guess that means they had a good E3 this year
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I mean, besides Smash, they really didnt show anything else noteworthy >_>
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HitTheGroundWal posted...

I was really surprised, I'd expected it to go up a little even. I have no idea why anyone would find their announcements to be disappointing. I must assume that the stock people have no idea how much hype Smash nets.

They only announced two games
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Nintendo only shows off one or two big first party games a year because they have their own Nintendo Treehouse content every couple months with as much content as your average conference's press package

But every year people are still shocked that Nintendo only shows off one game and mentions another one in passing
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Wasn't this happening before E3?

It'll probably go back up in October.
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HitTheGroundWal posted...

I was really surprised, I'd expected it to go up a little even. I have no idea why anyone would find their announcements to be disappointing. I must assume that the stock people have no idea how much hype Smash nets.

Shareholders are often a stupid bunch. It'll go back up.
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Their E3 presentation was trash outside Smash.
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It's just one really influential Wall Street guy who's pissed off that Waluigi isn't in Smash
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Smash is making people mad,too because they're starting ot realize this roster means not alot of newcommers and people are saying it's just an enhanced port. Could be actual fans could be trolls but the argument rages on if it's Smash 5 or Smash 4 featuring re-balanced old characters
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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
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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

damn
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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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Mango Sauce posted...

- Reggie says "who knows" as to why Nintendo stock dropped

Things that got me interested:
- Fucking Smash
- Daemon x Machina
- Xenoblade 2 story DLC ending up being an expansion worthy of Witcher 3 levels

And that's basically it.
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I'm semi intrigued for the next pokemon. the real one they didnt show. Kind of fire emblem. thats it.

Probably gonna sell mine and buy it back when the new model comes out in a year or two
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Sonys stocks went down as well, where are my Sonydoomed topics?
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i think this happened last year too :(
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This is what they get for not making an Animal Crossing
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Remember that stock for game companies isn't always based off speculation from games and the like

How was their first quarter? It's almost the end of quarter two and iirc system sales are finally declining.
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tremain07 posted...

it's Smash 5 or Smash 4 featuring re-balanced old characters

Sounds like a real fighting game finally
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I don't quite understand how you can get 2 fucking million downloads of Fortnite and your stock goes down as a result.
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I mean if they didnt have Smash their entire showcase would have been really boring. And even then I find Smash to be overrated so...
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