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Thursday, March 28, 2024

Pokemon Going, Going Gone: Nintendo Crashing Most Since 2000 After Admitting “Limited Earnings Impact” From New Game

Courtesy of ZeroHedge. View original post here.

After the close Friday, Nintendo admitted that the earnings impact from the newly-released ‘Pokemon Go’ game would be limited (and that it has no plans to adjust its forecasts). This has sent Nintendo shares down over 16% today, following last Wednesday’s 12% collapse. 

Nintendo has given up half its panic-buying gains of last week…

Today’s drop is the largest since March 2000…



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