It’s been a roller coaster for Nintendo fans recently, from rumours about the new Nintendo Switch 2 console to leaks regarding the announcements and finally, a shadow-dropped trailer. Adrenaline is at an all-time high. Nintendo share prices reflect that too. The recent prices somewhat resembled a Donkey Kong Country stage.
As posted by Al Jazeera and shared by the folks over at Eurogamer. After the short first-look video that Nintendo shared online, share prices took a downward turn. Dropping by 7.2%. Like most changes in the stock market things corrected slightly after the drop but by the close Nintendo was still down 4.2%.
But share prices should never really be examined under a microscope. It’s best to look at the bigger picture. As a whole, the share price is still dramatically higher than it was last year and even five years ago. Nintendo has been critiqued for not innovating with their newest iteration. However, the Nintendo Switch carried Nintendo out of a relative slump, so they can’t be blamed for taking a safer route.
It is worth mentioning that the information Nintendo shared about the Switch 2 is still limited at this stage. Firm information regarding the CPU, GPU and Screen resolution is still unknown. The launch library is also unknown at this time. So drastic changes based on a first look may be premature.
If you’d like to find out more about the Nintendo Switch 2, check out our article here. Nintendo also announced vouchers for Nintendo Switch Online subscribers that will allow members to save on first-party Nintendo games. Find out more here.
