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Nintendo stock sees bump following Switch redesign rumors

Investors are an interesting bunch

While fans might not be sure about the Wall Street Journal's reporting of two Switch redesigns in the work, investors were certainly all-aboard. Nintendo stock has seen a 6.7% jump following the reported rumor, as investors clearly believe this path ahead would be a good choice for the Big N.

Now if I know my investors, I bet we see Nintendo stock drop if/when these redesigns are revealed. I'll be eager to revisit this post if/when an announcement is made!

Thanks to Sligeach_eire for the heads up!

Categories: Rumors, Consoles
Tags: rumor, switch

Comments

sdsichero
Tue Mar 26 19 03:20am
Rating: 2

Should be "a cowardly and superstitious lot"

Shows you why rumors and insider trading are so widespread these days. It has a real effect on market even if the source is mysterious.

socar
Wed Mar 27 19 12:43am
Rating: 1

I'll never understand shareholders.

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