The Nintendo Switch 2 was officially announced yesterday after months of rumors and leaks, but it seems investors weren’t impressed, as the company’s shares fell as much as 7.2% after the reveal.
As reported by the Wall Street Journal, despite a 26% gain in Nintendo’s stock price ahead of the announcement, it seems the hype wasn’t worth it for a lot of investors. According to Tomoichiro Kubota, a senior market analyst at Matsui Securities, the lack of specifics around price, software plans, or launch date are the issue. “Without these details you can’t establish earnings forecasts,” he says.
What we do know is that there’s going to be a Nintendo Switch 2 Direct on April 2, 2025, so we should all know a lot more then. One analyst believes…
