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Nintendo stock hits its highest point since 2008

A level of success not seen since the Wii days
by rawmeatcowboy
18 June 2020
GN Version 5.0

Earlier in the week, we noted that Nintendo's stock hit its highest point in 2 years, and there was potential for it to climb to another level that hasn't been seen in over a decade. Well today's the day, and Nintendo stock has hit that mark.

As of today, Nintendo stock hit 50,180 yen per share, which is the highest its been since 2008, back during the Wii days. As we mentioned earlier in the week, some analysts said Nintendo stock could hit this high due to concerns of a second wave of the pandemic, which would push even more people to purchase the Switch. Analysts are now saying that the reveal of new Pokemon content and a tease of more to come has also helped stock.

[Link]