Signalstar said: Nintendo shares dropped after the Switch 2 reveal. |
Shares have climbed notably in December, so this was a good time to sell. As your article notes, Nintendo's stock is still near an all-time high. But clickbait headline and all that...
I bothered to look up the definition of 'plummet' to make sure that it means what I think it does. And it does mean what I thought. Using the word 'plummet' for a 4.2% drop is laughably hyperbolic.
Also, after the Switch presentation in January 2017 Nintendo's shares dropped 5.7%. Which means that such snapshots are essentially meaningless in the big picture.
Legend11 correctly predicted that GTA IV will outsell Super Smash Bros. Brawl. I was wrong.