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Nintendo stock increases 23% riding the insane success of Pokemon GO

Pokemon GO is doing wonders for Nintendo stock, which has increased by 23%
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jul 11, 2016 6:33 am

Pokemon GO is really blowing up all over the world, with Nintendo stock enjoying a sharp rise of 23% in the last few days.

 

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Nintendo's stock hasn't performed this well since August 2015, and while it isn't as strong as it was back when the Japanese gaming giant launched the Wii, Nintendo stock is up 36.3% since Pokemon GO launched not even a week ago.

 

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The daily active users (DAU) playing Pokemon GO is incredible, and by incredible - we mean it's at the levels of the DAU of Twitter. Yeah, you know - the world's second largest social network. Pokemon GO is now rivaling Twitter for daily active users. These numbers are freakin' amazing.

NEWS SOURCES:Kotaku.com.au

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