Nintendo's stock is down 20% since Super Mario Run came out ~updated~

[Darwinianevolution]

VAMatt said:

Darwinianevolution said:
So, despite winning a decent amount of change, getting all the brand advertisement the mobile market can get, and being one of the biggest paid apps right now (and still having to release on Android), the investers think this is somehow bad? What did they expect, Pokemon Go level of success? These two apps are very different. Investers sure are picky.

Stock prices are a reflection of investors' expectations for the future.  So, the day before Run came out, the bid/ask prices of Nintendo stock factored in X number of downloads of run, resulting in Y dollars of revenue and profit.  Once the game launched, investors have real data to work with, rather than guesses and estimates.  So, the bid/ask prices are adjusted accordingly.  

In other words, its not about investors thinking its bad.  It is about the results falling short of expectations.  

I know. I'm just wondering what kind of expectations did they have, and what were they based on, because an 11% decrease of the stock's value is a pretty decent amount. Just how dettached from reality are they, or just how greedy can they get, if they consider a small app that is basically a runner game (with thousands of those free already) earning millions in a couple of days, when the cost is probably less than a million in total.