Nintendo’s Stock Surges After News Of Nintendo Switch Production Increasing

With the recent reports of Nintendo increasing their Nintendo Switch production to meet high demand, it would seem that investors are in favour of their decisions. Stock for Nintendo rose today; shares on the Tokyo Stock Exchange jumped 425 yen, or 1.69 percent, to 25,580 yen on Friday from its Thursday close of 24,860 yen.

This is positive news compared to when Nintendo’s stock decreased in value when they fully unveiled the Switch earlier this year. 2 million units are expected to be sold by the end of the fiscal year (March 31st) and if this is the case then the Switch will be on a similar trajectory to the very successful Wii.

Source

Filed under: Nintendo, Switch Tagged: Nintendo, Nintendo News, Nintendo Stock, nintendo switch, Nintendo Switch news

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Author: codymkw

Hey I am Cody I'm a huge fan of Nintendo love all their games favorite is Animal Crossing I'm the leader and founder of SGS & creator of Dark Miiverse umm so theres not really much else I can say about myself! ♥

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