Pokemon Go Makes Nintendo Shares Explode By 120%

in #money • 8 years ago

For those who thought Nintendo was on the brink of becoming obsolete....apparently not!

"The stock's performance following the release of the augmented reality game is staggering: Shares have risen by more than 120% since July 6, adding $23 billion to Nintendo (NTDOF)'s market value.

The company is now worth $42.5 billion (4.5 trillion yen), more than Sony (SNE) (4.1 trillion yen), Canon (CAJ) (4 trillion yen), Panasonic (PCRFF) (2.4 trillion yen) or Toshiba (TOSBF) (1.3 trillion yen)."

Source: http://money.cnn.com/2016/07/19/investing/pokemon-go-nintendo-shares/

Do you play Pokemon Go?

8 years ago in #money by
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