Nintendo Adds Over $1 Billion in Market Value the Night Before Switch's Reveal

This time it's not another misinterpretation

By Grayshadow, Posted 21 Oct 2016

Remember when Nintendo's stock rose after Pokemon Go, well it happened again but this time it wasn't before of misinformation. Nintendo saw a 4.6 percent increase overnight adding more than 1$ billion in market value, the biggest the company has seen in months, Bloomberg reported.

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Nintendo's next system has been officially revealed as a handheld/home gaming console called the Nintendo Switch. Powered by a custom Nvidia Tegra processor the system the system already has several third-party supporters working on games for the console.

Nintendo Switch launches March 2017.

Source: Bloomberg

Adam Siddiqui, NoobFeed
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General Information

Platform(s):
Publisher(s): Nintendo
Developer(s): Nintendo Entertainment Analysis & Development, Nintendo Entertainment Planning & Development
Genres: Action Adventure
Themes: Fantasy
Release Date: 2017-03

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