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August 15, 2011 / Ryan Robba

Nintendo Stock Back On Track – Jumps 10%

It’s no secret that Nintendo’s stock value has dropped considerably over the last couple of months due to below expected Wii and DS sales as well as a 3DS price drop that led Nintendo to sell the console at a loss.  However, Nintendo’s stock is on it’s way to get back on track.

Today, Nintendo’s stock jumped 10% – probably due to confidence in the 3DS’s sales after the price cut as well as the heavy hitters that will be arriving later this year. Well, that may have helped, but the real explanation for the boost is actually that there are now expectations of Nintendo being included in the Nikkei 225 Stock Average. At the moment, Nintendo shares are traded on the Osaka Exchange.


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