kowenicki said: It may not be over yet and it was far from minor... |
Stock value is a tricky thing. I think it is safe to say that Nintendo's market cap was handily overvalued in the heady days of 2008 (given that it outpaced Sony and was second in all of Japan after Toyota, beating companies of far greater material worth), so in mirroring a justified drop due to a dip in performance, the company had further to fall because they had been built further still
That and investors are dumb as hell, and really don't know the market, as evidenced by the stock spike that followed the mere rumor that a Pokemon TCG game on iPhone meant that Nintendo was developing for iOS
Monster Hunter: pissing me off since 2010.