Train wreck said: News surfaced just last monday of the possibility of Nintendo joining the N225 during its annual review, and shares went up ~3.9% that day but the stock was hovering well above Y11,000 (~Y11,300 but trending downward, especially since the new conference almost two weeks ago) http://nintendoenthusiast.com/news/nintendo-shares-rise-expectations-joining-nikkei-225/ The selling today to bring it ~4% below the average it was trading before the rumors even hit tell me there more to the selling that just investors who had a position and left it. |
Very well. I took the article at face value and then some, so I concede the post.