Nintendo Shares Soar 4.34% After Pokemon Let’s GO Announcement
After The Pokemon Company announced Pokemon Let’s GO Pikachu/Eevee for Nintendo Switch, the price of Nintendo shares in the Japanese stock market rose by 4.34%.
Nintendo owns a 32% stake in The Pokemon Company, as well as shares in Pokemon developer Game Freak.
Looks like investors are confident that Pokemon Let’s GO Pikachu/Eevee will help Nintendo to deliver profits and increase the Switch user base later this year.
Source:
