According to the Financial Times, Nintendo’s shares saw a 6.7% rise after the rumors surfaced. Interestingly, this increase is larger than the reported 4% drop Nintendo’s shares experienced due to the reveal of the Stadia.
Taking these numbers at face value, it seems that the rumors of new Switch models have helped renew investors’ confidence in Nintendo after it wavered in the face of Google’s Stadia. That said, only time will tell if the rumored new Switch models exist, and if they will be well-received enough to meet expectations.
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