Nintendo’s share price falls by 6.1 percent

nintendo-2ds

Nintendo saw their share price fall by 6.2 percent last week, Bloomberg reports.

Investor confidence amid the stock market dipped alongside the company announcing a Wii U price cut across Europe and North America, as well as the Nintendo 2DS which plays 3DS games but removes support for stereoscopic 3D.

This was the biggest drop that the company has suffered since May 23rd, though the year has seen their stock price climbing by 31 percent due to improved 3DS software sales.

“The stock market didn’t think highly of the price cuts and the introduction of the 2DS,” commented Iwai Cosmo Holdings analyst Tomoaki Kawasaki.

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After starting out with a Yellow Game Boy and a copy of Donkey Kong Land, Alex once hid in his room to play The Legend of Zelda: Ocarina of Time one Christmas. Now he shares his thoughts on Nintendo Insider, keeping track of everything to do with Nintendo.

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