N-Magic on 22 February 2013
Nintendo shares have risen after Sony revealed its long-awaited PlayStation 4 console on Wednesday. Sony’s U.S shares were down 2.7% to $14.08 by midday, with Nintendo’s shares up 2% to $11.79. Trade on the Japanese market were similar as Sony slipped about 1.8% by the close of that session, and Nintendo Japan gaining about 1.3%. There isn’t any real explanation as to why Sony shares dropped and Nintendo’s rose, but it’s good news for the Kyoto based company.
