Despite the hype and excitement surrounding the Nintendo Switch 2, Nintendo has suffered a notable decline in its share price following the announcement of its upcoming console. Reactions to the Switch 2 are mixed, resulting in immediate negative feedback from the market at large.
They always do. I remember when EA shares dropped by like 3% in a day after an announcement about a game people were like " it’s the end of EA". But then you look at the graph beyond a week and it was still up be several percent.
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Thanks for the clarification. The headline sounded fishy.
Stocks almost always fall after such an announcement.
They always do. I remember when EA shares dropped by like 3% in a day after an announcement about a game people were like " it’s the end of EA". But then you look at the graph beyond a week and it was still up be several percent.