3DS, News, Platforms, Wii U

Nintendo’s Stock Skyrockets To Highest Value in Two Years

by on July 22, 2013 3:18 AM 13

Following today’s trading at the Tokyo Stock Exchange Nintendo’s stock closed at 14,050 yen, with a 4% gain during the day, reaching the highest value since July 2011.

There are several factors that could be contributing to the trading euphoria on the stock of the historical Kyoto-based publisher and hardware manufacturer, but the most prominent ones are probably the solid sales of the 3DS both locally and overseas and the recently announced lifting on the sales ban for foreign consoles in China, that could lead to the opening of a large source of revenue from Nintendo.

Below you can see the stock price graph of the last week and that of the last two years. Of course we’re still very far from the values shown before the collapse happened in February 2011, but every recovery has to begin somewhere. We’ll have to see if the trend will continue in the next few days and beyond, but on the top floor of Nintendo’s ivory tower someone is probably toasting with a cup of sake right now.

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Join the Discussion

  • byronotron

    I always tell people, never bet against the BIG N. They really know how to make money. They also know how NOT to evolve, but, I feel like they’re getting closer to learning from those mistakes.

    • http://www.theixo.com/ Apofis

      This is just market fluctuation. Nintento didn’t show a solid lineup during E3. Investors are very cautios with them right now. Wait for Sony & MS to release their consoles, but N stock in January, when they seem like losers. They’re holding out for next year, for all the dust to settle, then they’re going to announce something big next E3, mark my words.

    • 4thelulz

      Black People

  • Kim Lee

    Now how about they start implementing online multiplayer so they can let western audiences play with their friends.

    • SirOinkers

      Nintendo has had online multiplayer since the original Wii launched in 2006. The Wii U has only improved upon it.

      • Diego

        Nintendo is the only one that cares about Local Multiplayer and thats why I will never stop buying Nintendo. Online multiplayer will never come close to 4 (with wiiu now 5!) players withing the same room playing a game :D

  • wwe2005
  • meanspree

    It couldn’t possibly be due to the recent successful hacking of the 3ds. Naaaahh.

  • http://jaysjournal.com/author/mcdougles Daniel G.

    What a misleading graph this article is based on.

    Here’s a better one.

    • Giuseppe Nelva

      Aside from the fact that that graph isn’t even from the Tokyo Stock Exchange, but it’s the OTC trading, that doesn’t change the fact this article is based on one bit. Nintendo’s stock haven’t been this high for two years, which is a positive thing, and the 2011 collapse is still mentioned.

    • Nate

      Here’s an unbiased one of all the years on the exchange available.

      • Giuseppe Nelva

        Still the wrong market.

  • Teyyd1f

    l ike it

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