Nintendo stock has stabilized after last week’s announcements
Last week Nintendo saw a sharp decline in its stock value to the tune of 18% after it slashed sales forecasts. Now the stock seems to have stabilized and is only a dollar or so less per stock than before the announcements. Before the announcements last week, Nintendo stock was trading at around $17.60 per share, while a close look at it this week shows it’s trading at around $16.40, which is only $1.20 less than it was a week ago. The stock has risen steadily over the last few days.