Nintendo shares suffer biggest drop since 2019 after latest financial results

Just yesterday we were able to know excellent sales data for Nintendo Switch. However, the information shared does not seem to have fully satisfied shareholders.

And the fact is that, this morning in Japan, Nintendo shares fell 8.8% on the stock market, the biggest drop since February 2019. This has been attributed to these causes:

  • Higher sales were expected
  • Decline in demand for consoles following the pandemic.
  • Decline in Switch sales due to the presence of the OLED model in the future.
  • Shortage of semiconductors in the industry.