Monday, July 25, 2016

Nintendo shares fall steeply – CA News

After a massive boom that the company had in stock market in recent days due to the release of the game Pokemon Go, now suffered a big setback because some investors realized that Nintendo after all not have in reality franchise Pokemon.

Nintendo has 1/3 of the Pokemon company, the company responsible for franchise and provides licensing to Niantic, producer of the game.

in other words, what this means is that Nintendo does not will make astronomical profits as previously thought, enjoying only 1/3 of license profits.

Bad news for the Japanese company that in recent days has seen its stock has risen 50% and after that in sexta- show a briefing that they were not owners of the App, fell by 17%, the biggest drop since 1990.

However, the company at this time is worth much more than before the game has been released in Australia and New Zealand (the first countries to receive the game), about 60% more.

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