Stories
Slash Boxes
Comments

SoylentNews is people

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.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Nintendo Stock Price Drops on Pokémon Go Guidance | Log In/Create an Account | Top | 29 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 1) by khallow on Wednesday July 27 2016, @01:05AM

    by khallow (3766) Subscriber Badge on Wednesday July 27 2016, @01:05AM (#380547) Journal

    No one thought someone like the President of the United States, would either lie or be so ignorant, given their access to data the rest of us are not privy to.

    Unless you knew about the previous US presidents who did just that, such as Herbert Hoover or FDR. And I find it peculiar that you obsess over the "petroleum" situation in 2007. Even if Bush said what you claim he said, it wasn't significant (googling around, that rhetoric was spilled while lifting some moratoriums on oil and gas drilling, which I just can't get bothered over) compared to what he did about the real estate crisis (especially given that you speak of that next). I guess everybody has to learn that nobody else truly has your interests at heart no matter what they say.