Hedra42 on 14 January 2015
| kowenicki said: Not sure why people are bringing the nikkei into this... 1yr: Nikkei up 6.66%. Ninty down 30.57% and yes Ninty is at a 11 year low. |
It isn't - it was lower in Feb 2013.
Most Japanese stocks were down over the past 2 days for reasons already linked to. Nintendo (as the graphs indicate) is low, but has been levelling out after the huge drop in 2011. It certainly doesn't look like it's in freefall - it's already trading higher on the Tokyo exchange as I type this. Yesterday's drop is really nothing in the grand scheme of things.
If it were 10% drop or more and stayed there, or kept dropping fast without any obvious outside factors contributing - then it would be thread-worthy.
