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Forums - Nintendo Discussion - Nintendo Stock Drops Nearly 20% in 5 Days, Loses $5+ Billion in Stock


Nintendo stock has not been performing very well the last five days. Immediately after its investor briefing, the company’s stock fell more than 10%. Since then, however, the stock has lost nearly 20% combined, dropping from 23,880 yen to 19,415 right now, a 19% drop. The market cap, or the value of all the current outstanding stock, fell from 3.4 trillion yen to 2.75 trillion yen, a loss of 650 billion yen. To put that in perspective, it is a loss of $5.3 billion dollars of investment in the company, more than a billion per day.

 

Stocks are known to fluctuate. How long do you think it will take for Nintendo to regain its previous stock standing?


Source: http://nintendoenthusiast.com/news/nintendo-stock-drops-nearly-20-in-5-days-loses-5-billion-in-stock/

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If it keeps dropping any further, we may need an official thread for it!

Is this the same news, or are the past two threads day by day report?



It will drop a little more. Then it will stay lower until the mobile game comes out. Then, depending on how the game works for them, will drop more or get a little boost. I don't think it will go back up to what it was until the NX gets presented to the public.



Ask stefl1504 for a sig, even if you don't need one.

I'm getting a serious case of dejá vú...



Already a similar thread on this.

http://gamrconnect.vgchartz.com/thread.php?id=209817