Sunday, 18 February 2024 17:01

Nintendo Stock Takes a Hit

Written by Charming Holiday
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After the delay of a highly-anticipated announcement, Nintendo stocks take a dip, though analysts assure traders that prices will recover.

Following the reported delay of an expected announcement regarding the Switch 2, Nintendo stock prices dropped 8.8% in Japan's stock market, though analysts expect the gaming giant's market value to recover quickly. Traders were influenced by rumors of the Switch 2 release getting delayed from late 2024 to Q1 2025, resulting in an abrupt sale of shares. However, market analysts expect upcoming releases and official confirmations to reassure shareholders and recover the loss in trade value.

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