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.
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So basically it’s not falling because of mixed reaction, it’s falling because people cashing in
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You could say it is falling because the announcement didn’t meet investors expectations but we must never use that as a gauge of success.