The robust performance of Pokémon Sword and Shield combined with increased hardware sales has caused Nintendo's stock price to jump to its highest point since May 2018.
Nintendo's stock price is currently $49.54, while at the close of May 2018, it rose to $50.05 before dropping down to a low of $31.91 in December of the same year, around the same time hardware partner Nvidia was experiencing troubles. Nintendo's E3 showing in that year also contributed to the slide.
Given the positive momentum the company currently has, we may see it creep even higher over the next few days – but we've still got some way to go before it reaches the $57.71 value it rose to in March of 2018.
Sword and Shield has sold 1.3 million copies in Japan in three days, as well as topping the charts in the UK. The Switch is also on course to become the UK's best-selling console in 2019, and it was the most popular console in North America in October.
[source gonintendo.com]
Comments 15
What's the highest their stock has ever been?
@Rob3008
November 2007. Their stock hit $80 or something like that.
Switch is a beast, but it's nothing compared to the Wii + DS combo.
Remember this for when the stock goes down again for whatever reason and everyone loses their mind. In summary, stock fluctuates.
$NTDOY, just like other in the gaming industry, has a very volatile stock. I'd never consider an investment there, swing-trading at best.
https://www.pokemon.co.jp/corporate/PostImages/b1b2b7b4ea55eef149f2bc849c194eea958c68c6.pdf
Pokemon Sword/Shield has sold 6 million copies globally at launch week. It is the fastest-selling Nintendo Switch game ever, exceeding the launch sales of Super Smash Bros Ultimate (which sold 5 million copies globally at launch week).
Investors should like that...
@Rob3008 77 during wii days
HAH!!
Take THAT Sword & Shield haters!
N should be doing better on the japan stock market, but the company needs to do a stock split to reduce the price as in japan you must buy blocks of stock and most cant afford the blocks. with mobile, parks, movies, new stores and china release soon the stock price should be safe from last yrs abortion back down to the low 30s from 57. The IP is great but management mark some proper stupid moves. mkt pricing is a disgrace, only opening first store in japan this week is a joke (and it will be conically under stocked as usually ). they need more dev's to prevent future delays in games. they need to do the stock split. be quicker with new ideas/ updates (estore needs major work to be able to find games better). AAA games need more discounts especially like zedla. Need more classics remakes, easy money plus its not a sell out as lots of people didnt play original like links awaking, Refusing to make more mini consoles is literally just saying no to money. CHRONIC shortages of any product they make. all this plus more. I dont like the cautious approach the Japaneses have ( maybe its just N ) if this was an american company would be worth 2X more
I bought this stock a while back at a bad time because I thought it will rise to the 60$ fast but than some big shark started shorting and I didn’t have much extras money to ride on the short....
Up 1.58% this week. I can retire
Well, no wonder the National Dex was deemed unimportant. There's dat merch to ship, after all. Poor us trainers.
Good for Nintendo, however! Everytime their stock increases I feel a bit better, no matter how dire my day is shaping up to be.
Well a bunch of rich people who don’t do any of the hard work or know anything about video games will be happy…good for them I guess
@Chibi_Manny yea it sucks having standards; guess I’ll just keep growing my GameCube collection, while low effort releases ramp up in frequency.
@GrandScribe Investing is hard work too, if it was easy, everybody would be getting rich doing it.
@westman98 Players like it too, otherwise, they would not buy it.
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