Following a lackluster E3 showing in their Digital Event, it wouldn’t be surprising to hear that Nintendo’s stock had dropped. However, it is surprising that their stock has only dropped by a marginal amount following a disappointing show. Following their E3 announcements, Nintendo’s stock has only dropped by about 0.6%; for some reason, Nintendo’s lackluster presentation isn’t seeming to have a major effect on investors. Perhaps they are still optimistic based on the mobile game and theme park announcements from earlier this year? Or, maybe they know about something that we don’t? Only time will tell.
Source: CNN Money