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Wednesday, July 20, 2016

#Nintendo shares dived after beating Sony Market Value Yesterday. Whats Next?

20 July, Nintendo beats Sony in market value after the stocks more than doubled since Pokemon Go launched.

Nintendo shares finished trading at 14% higher on tuesday. This makes Nintendo's overall market value at 4.36tn yen ($38bn), beats Sony by 300bn yen.

Turning Point, Nintendo shares plunge today! Lets Talk Separately!!

Just Afternoon trade, Nintendo shares were down 13% to 27.5k Japanese yen.

Reason : Pokemon Go App will debut tomorrow in Japan, on 21 July. But they call it one day delay, because of worries on server capacity and heavy demand expectation. "If Pokemon Go is released in Japan today, investors are going to want to watch how things go from here."

"Nintendo shares need a break too," senior strategist at SMBC Nikko Securities Chihiro Ohta.

Although, Pokemon Company's spokeswoman declined to comments and said nothing is decided on launch date in Japan Market.

According to research, Pokemon GO, beats Candy Crush Saga and Supercell's Clash of Clans, which is superb achievement.

Also, McDonald (of Japan) reports 8% rise in its shares as news flowing that it will become first Pokemon Go Sponsor.  McDonald's Japan shares soared as much as 23 percent to their highest level since late 2001 on Tuesday, the first day of trade since its stores started giving away Pokemon-themed toys with its Happy Meals last Friday.

McDonald's Japan declined to comment on the report.
Interesting Right? ($1 = 106.0200 yen)

Now what you say, Lets Play Pokemon Go or eat at McDonald for Happy Meal Toys ?


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