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Nintendo’s stock value drops following reports about Switch 2’s postponement

Nintendo's stock value drops following reports about Switch 2's postponement

After reports spread about Nintendo delaying the launch of the successor to the Nintendo Switch from this year to the beginning of next year, the company’s shares fell in the Japanese stock market by 8.8% initially, before the rate of decline decreased to 5.8%.

Mio Kato, an analyst at LightStream Research, believes that this decline in the value of shares may continue if the postponement of the device has an impact on game releases for this year, which is expected if Nintendo’s plans require focusing on strong releases for its new device, and as we know, it is not the company’s habit of releasing shared games. Between two generations.

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