happydolphin on 14 December 2012
Nintendo stocks reach a record low for 2012
Nintendo stocks reach a record low for 2012. On July 24th 2012, the stock was down to 13.08$ a share, but then bounced back up with optimistic 3DS HW and SW sales, as well as an optimistic outlook for the WiiU.
However, the media surrounding the WiiU launch is underwhelming in contrast with what we saw with the Wii, and it seems like investors are not confident in the stock. After climbing to 17.53$ a share on October 5th, it has been sliding back down consistently with a minor peak for the american WiiU launch (Nov 19th). As of this morning it has reached 13$ a share.
Is it due to a weak western launch? A weak European launch maybe? Discuss.
