Wednesday, March 27, 2019

Rumours Of New Switch Models Cause Nintendo's Share Price To Significantly Rise

Investors seemingly on board.

Yesterday, we shared a report from the Wall Street Journal which states that Nintendo is planning to release two new Switch models later this year. These claims haven't been confirmed or commented on by Nintendo itself, but the company has seen a significant share price rise as a result.

The report suggests that both a cheaper model, with some key features taken away, and a more expensive device which will have “enhanced features targeted at avid video gamers" are on the way. Investors seem to like the sound of these hypothetical consoles, with Nintendo's shares climbing as much as 6.8% in response - the largest increase Nintendo has seen in a single day since last August, according to BloombergQuint.

Read the full article on nintendolife.com



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https://ift.tt/eA8V8J March 26, 2019 at 08:15PM https://ift.tt/1licIau

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