Nintendo Share Price Plummets Again, Nikkei Blames Lack Of Game Announcements

Nintendo Share Price Plummets Again, Nikkei Blames Lack Of Game Announcements

Today, Nintendo stock plummeted by a whopping 5.27% by the end of the trading day in Tokyo, Japan.

This comes right after a string of sell offs in June, resulting in Nintendo losing more than 10% of its value in a month.

Financial newspaper Nikkei believes that the reason behind the sell-off is due to a lack of information on upcoming games and sluggish Nintendo Switch sales, resulting in shareholders outside Japan to dump the stock.

What do you think? Let us know in the comments below.

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