Nintendo Stock Recovers From E3 Crash After Launch Of Nintendo Switch Online

Nintendo Stock Recovers From E3 Crash After Launch Of Nintendo Switch Online

During E3 2018, Nintendo’s share price crashed in the stock market due to a massive selling spree. Up till today, no one knows the reason behind the crash, but many speculate owners of the stock may not have been convinced by what Nintendo showed at E3.

As of September 22, Nintendo’s share price has recovered from E3 2018. The price drastically increased in the lead up to the launch of Nintendo Switch Online, the company’s first paid subscription for online play.

If you purchased Nintendo stock during the massive sell off at 34,000 yen, you would have made at least 7,000 yen (USD62) per share in less than 3 months. That’s 700,000 yen (USD6,218) per lot (you must purchase at least 1 lot/100 shares in the Tokyo stock market).

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