Nintendo Stock Drops as Investors Fear the Switch 2 Won't Launch Until Next Year
Shares of Japanese video game company (OTC: NTDOY) fell on Tuesday after a Bloomberg report said that the company would delay the release of its new hardware device, the Switch 2. The report came out Friday evening after the market closed.
And since the market was closed over the weekend, as well as Monday, investors couldn't react until today. As of 1:50 p.m. ET, Nintendo stock was down 5%.
First, investors should understand that the Switch 2 console hasn't even been announced yet by notoriously tight-lipped Nintendo.
Source Fool.com
Nintendo Co. Ltd Aktie
45,99 €
0,24 %
Die Community ist noch unentschlossen über Nintendo Co. Ltd mit wenigen Einschätzungen.
Bei einem Kursziel von 72 € für Nintendo Co. Ltd deutet sich eine Steigerung von über 50% vom aktuellen Kurs von 45.99 € an.
