Nintendo Shares Slump Amidst Price Hikes and Game Shortfall
Nintendo now expects to incur a 100 billion yen financial hit due to rising prices. Nintendo shares experienced a 7% decline following the company's decision to raise prices for the Switch 2. Investors expressed concerns over a perceived lack of high-profile games for the console.
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Sources · 7 independent
RTHK Radio 3 HK
“Nintendo now expects a 100 billion yen hit from rising prices.”
RTHK Radio 3 HK
“Nintendo now expects a 100 billion yen hit from rising prices. investors are shrugging it off, at least for now.”
NBC News Radio
“Nintendo is pointing at the rising cost of memory chips and tariffs as reasons for the financial impact. The company also forecasts a decline in sales of the system within its next fiscal year.”
Mastodon
“Nintendo shares slump as price hikes, games shortfall spook marketNintendo shares fell 7% after the company raised Switch 2 prices and investors expressed concerns about a lack of high-profile games t...”
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