news1 week ago
Nintendo Stock Just Cratered Again on Monday — Tokyo Shares Hit Their Lowest Since August 2024 as Investors Punish a 17% Switch 2 Forecast Cut, a Dividend Slash, and a Software Pipeline With No Confirmed Mario Game
Nintendo shares fell as much as 10% in Tokyo on Monday — a second straight session of losses after Friday's earnings — pushing the stock to a 21-month low. The trigger: a 16.5 million Switch 2 forecast, a dividend cut to 162 yen, and a 100 billion yen hit from the AI-driven DRAM chip surge.