Nintendo stock drops after Switch unveil event

Nintendo Switch event is a success, stock drops after it finishes.

Published
Updated
& 30 seconds read time

Nintendo hosted their Switch unveiling event nearly 24 hours ago now, with some truly weird happenings - I loved it, weirdness and all - but investors didn't.

Nintendo stock drops after Switch unveil event | TweakTown.com

Nintendo's stock prices on Japan's Tokyo Stock Exchange reflected this, with stock dropping nearly 6%. Nintendo showed off its console in full, with the controllers, a bunch of first-party games like Super Mario Odyssey, as well as revealing that Legend of Zelda: Breath of the Wild will launch alongside the Switch on March 3.

I enjoyed the event, and sure - it could've been better, but what Nintendo unveiled was - to me at least, impressive. Pricing the Nintendo Switch at $299 is going to get a massive chunk of sales, and so is launching the new Zelda game alongside Switch on March 3. System seller, anyone?!

NEWS SOURCE:bgr.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

Newsletter Subscription

Join the daily TweakTown Newsletter for a special insider look into new content and what is happening behind the scenes.

Related Tags

Newsletter Subscription