What Switch 2’s Record Japan Sales Mean for Nintendo’s Current Stock Price
Thinking about what to do with Nintendo stock? You are not alone. After an exhilarating run, Nintendo’s shares have taken investors on a ride that has mixed short-term turbulence with some truly impressive long-term gains. Over the last year, the stock has soared 74.0%, and if you zoom out to a five-year view, it has more than doubled, rising a massive 150.4%. Yet if you have checked your portfolio over the past month, you might be feeling uneasy, with the stock pulling back 4.7% and even dipping 3.1% in just the last week.
Recent headlines add a layer of intrigue to this picture. Nintendo is still making waves in the console market, as its Switch 2 just surpassed the 2 million units sold mark in Japan, becoming the…
