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Nintendo stock falls 6.5% after Switch reveal

by rawmeatcowboy
21 October 2016
GN Version 5.0

Ah, investors...you have to love how incredibly reactionary they are. When Nintendo said they were going to reveal the NX, stock shot up by 5%. Now that the Switch has been shown off, stock has fallen by 6.5%. For those wondering, after the Wii U was revealed, Nintendo stock dropped by 5%.

Wondering why investors reacted the way they did? Some say that Nintendo's quiet nature on the NX, followed by the reveal of the Switch being close to what rumors/speculation stated, are what caused the drop.

Am I crazy, or has the public reaction to the Switch reveal been largely positive? Much more so than recent reactions to Nintendo hardware. I've been all over the net and would say that comments have been roughly 80% positive. I guess you just can't please investors!

Also worth pointing out, Sony stock dropped following the reveal of the PS4, as did Microsoft when they showed the Xbox One. I don't know about you, but I think those platforms are doing quite well right now.

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