Nintendo’s Stock Goes Up After Recent Investors Meeting

Nintendo Stock 5/8/2015

Nintendo’s been doing a lot lately. They’ve released the Amiibos, launched some killer games for the Wii U, came out with the New 3DS, announced they’re moving into mobile, had back to back directs giving us a more in depth look at their games, and even announced they’re working on a new platform. As we saw a month ago, their stock had a huge bump when they announced the mobile partnership and as we learned in the recent investors meeting, they’re finally out of the slump they were in.

Well, there’s some more good news for Nintendo. After the recent investors meeting, we saw Nintendo’s stock jump another 7% to a market cap of ¥3.08 trillion. Their net worth is now at $25.7 billion US dollars. To put this in perspective, at the beginning of the year, their market cap was $14 billion US dollars. That’s a massive increase and judging by the things they’ve announced so far, that could increase again in the not too distant future.

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