Nintendo stocks skyrocket
After months and months of sales domination on the consoles market, Nintendo manages to break yet another record and become the company with the second-highest value in
The steady domination in the battle for the best selling gaming system skyrocketed Nintendo’s stock price ever since the Wii was released, and this year, after reaching a yearly low price of 247$ in January, the company’s shares have steadily gone up to an all time high in July, 536$ per stock. And although August brought a slight decrease , due to the dollar-yen fluctuations, after the CLSA Asia-Pacific Markets specialists raised Nintendo’s price target at about 870$, the shared went up again.
So at present the company’s market value of about 73.1 billion dollars, makes it the second most valued company in
Although experts predict it won’t hold on to the number 2 spot for to long, this is still a huge achievement for Nintendo.
Source: Gamespot
