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Home»News»Gaming News»Just The Mention Of The Nintendo NX Makes The Company Money

Just The Mention Of The Nintendo NX Makes The Company Money

By Keith MitchellOctober 20, 2016

Geez, the system hasn’t even been officially announced (But will by the time you read this) and has already made Nintendo some money. Well, in stocks that is. Over at Bloomberg, they’re reporting that shortly after Nintendo has announced that the Nintendo NX would be shown off today, their stock went up. Share prices jumped up 4.6% and pushed Nintendo past $1 billion dollars of market value.

nintendo-nx-bloomberg

That definitely has to make not only the company but it’s investors and stockholders happy, especially the stocks plummeted due to the Wii U not performing as expected.

Now, depending on big of a splash this Nintendo NX announcement makes, the company stands to see their stock prices go up even more – or down if the system doesn’t live up to the hype that’s been generated around it. Here’s to hoping that Nintendo is ready to put on their big boy (or girl) pants and make up for the disappointment of both the Wii and Wii U.

Watch the Preview Trailer at 7am PT/10am ET today at www.nintendo.com and www.twitch.tv/nintendo.

Bloomberg gaming Nintendo NX Stock Share Prices System Announcement
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Keith has been a fan of geek culture and video games ever since his father gifted him his first gaming console many decades ago and has used this love of for the genres to start The Outerhaven. Keith keeps follows on the ongoings of videogames, anime, comics and technology, and while he has been writing about these topics for the past 14 years, he has been a gamer and tech guy for 30 years.

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