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Nintendo Stock Price Drops on Pokémon Go Guidance

posted by cmn32480 on Tuesday July 26 2016, @05:12AM   Printer-friendly
from the that's-not-actually-ours dept.

butthurt writes:

Bloomberg reports that Nintendo's stock price fell by 18%, the maximum amount permitted in one day on the Tokyo stock exchange. The decrease occurred after the company issued guidance that the popular game Pokémon Go should not be expected to bring in much revenue for the company. The game was created by Niantic Inc., of which Nintendo has partial ownership. Nintendo's stock had "almost doubled" since its release.

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  • (Score: 0) by Anonymous Coward on Tuesday July 26 2016, @07:49AM

    by Anonymous Coward on Tuesday July 26 2016, @07:49AM (#380225)

    the real world that pretends to be productive

    FTFY