Teeqoz on 02 November 2015
freebs2 said:
Rather than silly, they're very short term oriented. |
On the contrary, stock markets are longterm oriented... Investors expected Nintendo to utilize some of their huge IPs for their mobile games, and while they may do so later, Miitomo is overall just dissapointing for investors. It doesn't help that it was delayed either.
Couple that with the fact that Nintendo's stock basically doubled in value on the announcement that Nintendo would make mobile games alone, and investors now realizing that their expectations were unrealistic, it makes sense.
