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Nintendo's stock increases after the success of Miitomo
Last week, Nintendo released its first mobile game: Miitomo. The game was quick to reach the #1 spot on various app stores, and the success of the game has caused Nintendo's share holders to become very pleased. With the application already surpassing 1 million downloads, Nintendo's entry into the mobile market has surpassed the expectations of many.
According to Bloomberg, Nintendo's stocks rose by 8.2%, which is Nintendo's biggest stock increase since February 15th. This now puts Nintendo's stocks at ¥16,515, and this will likely increase once the game is released into other regions.