Investors will never, ever make sense to me. It seems the happier fans are, the less investors are pleased. Case in point, yesterday's Nintendo Direct. While fans were certainly pleased with what went down, investors were not, and it caused a notable drop in Nintendo's stock the following day, tumbling 3.53% overall.
What were the reasons for Nintendo's stock drop? Most pointed to the delay of Animal Crossing: New Horizons, which definitely stung fans as well. Going further, investors also wanted to hear about cloud-based tech from Nintendo, as well as the rumored Switch redesign, and were hoping for a 'major collaboration' with Microsoft. Like I said, the Animal Crossing stuff I get. The other stuff? It's almost like these investors don't pay attention to Nintendo!