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NINTENDO stock -34% since March 2018

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https://www.forbes.com/sites/insertcoin/2018/07/05/why-are-investors-panicking-about-the-nintendo-switch/#558aa5a228e7

Nintendo stock has been in continuous descent since March 2018 and it's now -34% lower than in March. Last year there was a lot of talk when Nintendo stock was about the same as SONY, but I haven't noticed anyone here talk about this. I wonder how does this indicate SWITCH's future succes.



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My sig explains that pretty easily. A poor E3 showing, and a poor 1st party lineup does a lot of damage.



The sentence below is false. 
The sentence above is true. 

Sounds like it's a good time to pick up some Nintendo stock then.



Megiddo said:
Sounds like it's a good time to pick up some Nintendo stock then.

Wait till after july 30, apparently shipped less then Q1 of last year. no way they are getting close to 20 million.



I guess the investors don't like what Nintendo is doing right now. I think the problem is that Nintendo isn't prioritizing mobile over the console-business plus a somewhat underwhelming release-schedule compared to last year

Last edited by melbye - on 08 July 2018

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WhatATimeToBeAlive said:

https://www.forbes.com/sites/insertcoin/2018/07/05/why-are-investors-panicking-about-the-nintendo-switch/#558aa5a228e7

Nintendo stock has been in continuous descent since March 2018 and it's now -34% lower than in March. Last year there was a lot of talk when Nintendo stock was about the same as SONY, but I haven't noticed anyone here talk about this. I wonder how does this indicate SWITCH's future succes.

Has absolutely nothing to do with it. Has even little to do with the fundamental value of the stock (for those who own the stock). The only person who should be bothered about this is probably only the CEO of nintendo because his head might soon be on the chopping block if the price doesn't recover.



I heard they're closing the offices as we're speaking.They had a good run.


(It's a good time to buy nintendo stock if you can, sell it after the switch demand boom in november/december with smash and pokemon make some analysts have a little reconsideration about this).



I also heard reasoning that Donald Trump's tariffs on Chinese manufactured electronics have caused investors to become shaky. But, a poor E3 showing, vs. Gamestop seeing sales double during E3 week is a weak argument. Pokemon and Smash Bros. are among Nintendo's best selling franchises, I wouldn't exactly call that a "poor" showing. The stock market in itself is volatile, this happens. Hell, it dropped by like 5% after the Lets Go announcements. Most of these investors don't necessarily understand Nintendo or the game industry like they should.

For example, Pokemon Go shot Nintendo's stocks up the roof, when investors should have been investing in Niantic or The Pokemon Company as they get a greater cut than Nintendo. It was a bad evaluation by the market

And since when did ordinary gamers become invested in a market they have no funds in, and then dictate whether this means Nintendo is in trouble or not? Smh... Not saying it happens here but man, the internet can be silly sometimes. 

Last edited by Ljink96 - on 08 July 2018

Stock wont matter much long term. It will go up again shortly here.



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It will be up come the holidays. But it's kind of understandable that it's down.