OTBWY on 08 July 2018
It's foreign stockholders offloading cause they don't understand the company or it's vision. It is however still higher than the Pokemon Go craze. This is just one of those things that has always been the way it is when it comes Nintendo stock. It goes up quick and down quick and rests on a certain height for a while. Nowhere near JUNK status Sony's stock was. -5.27%. Nintendo stock again got slaughtered at the Tokyo Stock Exchange today.
Somewhat relevant tweet.
The Nikkei thinks it's because of a lack of new information on the game pipeline and sluggish sales of the Switch, causing foreign shareholders to get rid of the stock.
