Nintendo share price rebounds due to Switch 2 backwards compatibility confirmation

Switch

Products You May Like

Shares in Nintendo were up 5.8% today, thanks in no small part to more information being disclosed about the Switch 2 from Nintendo president Shuntaro Furukawa, The confirmation that the next Nintendo console will be backwards compatible with Switch titles and that Nintendo Switch Online will feature on the next console has seen shares in the Kyoto-based company rebound. Dr. Serkan Toto said on X that this is because the company’s Investors think this is a sign Nintendo’s next device will not be a risky experiment, but rather a continuation of existing hardware.

Nintendo stock just closed up +5.80% (3:30pm Japan time on Wed) because of the confirmed backwards compatibility of the next console with the current Switch. Investors think this is a sign Nintendo’s next device will not be a risky experiment but rather a continuation.

Source

Articles You May Like

Someone Got 30th Anniversary DualSense Early and It Looks Neat
PS5 30th Anniversary Collection restock live – release day stock drop confirmed for US and UK
The first trailer for Apple TV’s The Studio features Hollywood’s best like Martin Scorsese and Charlize Theron telling Seth Rogen how terrible he is
A City Builder With Co-op and Heroes? Welcome to the Chaotic World of Overthrown
Watching A Lot of Football This Month? Keep the Game Going With EA Play

Leave a Reply

Your email address will not be published. Required fields are marked *