Nintendo stock is rocking a bit after E3 presentation

Nintendo stock is rocking a bit after E3 presentation

Nevertheless, some uncertain times for Nintendo’s shareholders. The share of Nintendo has been fluctuating enormously in the last few days.

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Causes

So after the announcement of Pokémon Let’s Go Pikachu and Eevee we saw a huge growth. A few days later when it became known that the Quality of Life project would stop, the share fell again. After the E3 Direct, the price dropped a little further.

But is that weird; not really Nintendo has an unprecedented year behind it. A decline is nothing more than logically.

Ultimately, the share of Nintendo closed almost seven percent lower than it was at opening. There are various concerns among the shareholders.

Concerns

The sales of Nintendo Labo are very disappointing (sorry but we think that as Nintendo fans understandably understandable), also this has almost not ensured extra sales of Nintendo Switch systems.

The news about the paid online service also disappointed several shareholders. The shareholders expected a better solution with more functions. In addition, the competition from both Sony and Microsoft also just fumbles firmly.

All this creates a very tense market where deep valleys can be quickly followed by high peaks. At the moment much will depend on the upcoming major titles, Pokémon and Super Smash Bros.

Very honest; these games are going to do great that is just 100% sure. But having said that Nintendo has probably hidden some trumps up their sleeved that we might not know about, we still think that within a few months a surprise Nintendo Direct will take place.