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Nintendo's stock down 39.4% from 52-week high, nearing pre-mobile announcement levels

Forums - Nintendo Discussion - Nintendo's stock down 39.4% from 52-week high, nearing pre-mobile announcement levels

Unsurprised. I might invest in the future because I see the actual potential in this and not one involving Super Mario Mobile



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No wonder, they delayed what was likely to become their most profitable venture in years and are being hammered by reports of slow sales globally. Change in management doesn't really inspire confidence either, in many cases, the new CEO has a ways to go before he can start working for real and have an impact for the future.
It was expected, should go up again once the mobile operations are up and running, by how much depends on how well they do, of course.
Any and all NX news could affect stocks as well, for better or for worse.



End of 2016 hardware sales:

Wii U: 15 million. PS4: 54 million. One: 30 million. 3DS: 64.8 million. PSVita: 15.2 million.

Miyamotoo said:
Now is perfect time to buy Nintendo stocks, after releasing first mobile game and announcement of NX stocks will go up.

Did the wiiu anouncment and eventual release do that ?

If its some weird product it can casue the stock to drop.