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Nintendo stock hits a new 52-week high
Nintendo share price has achieved a new 52 week high.
— Daniel Ahmad (@ZhugeEX) April 16, 2020
Last time it hit its current price was in March 2018 which was a record high for the Switch era.
Strong demand for Switch and Animal Crossing + gaming in general being the key factors for recent increase. pic.twitter.com/orfQ1Bnlo5
The Switch is selling like crazy, and Animal Crossing: New Horizons is right there with it. That one-two punch has pushed Nintendo's stock to a 52-week high, which shows just how strong the demand is for the duo right now. It'll be interesting to see where things go come here, considering the shortage of Switch hardware many regions are dealing with.
[Link]