Nintendo share price rises following PlayStation 4 reveal
playstation-meeting-2013
By In Nintendo News, Wii U Published on February 22nd, 2013

All eyes were firmly fixed on Sony’s PlayStation 4 reveal this week, yet Nintendo have received a boost post-announcement.

Nintendo’s share prices rose, up by 2% to $11.79 in the US and by 1.3% in Japan, whereas Sony’s shares begun to slip – falling by 2.7% to $14.08 in the US and by 2.63% in Japan. The reasons why, however, are puzzling.

Whilst Sony spent their presentation discussing the hardware capabilities of their PlayStation 3 successor, so much was left unshown leading to speculation as to what the company may be hiding.

Nintendo’s shares had reached a five-year low after the company revealed the Wii U at E3 2011.

[Thanks Nintendo]

About the author

Alex's early adoration for Nintendo began with a Yellow Game Boy and a copy of Donkey Kong Land. This developed over the years, later peaking when he hid in his room to play The Legend of Zelda: Ocarina of Time one Christmas. Nowadays, his enthusiasm is shared through Nintendo Insider, a place in which he can document his thoughts regarding the big N.

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