Nintendo shares rise sharply as rumours of new Switch models affect
Recently, the Wall Street Journal said Nintendo Switch will launch two new models as early as this summer, a performance enhancement version for Core players and a low-priced version for casual players. Although Nintendo did not have an official response, the market has taken the lead in reacting. Many investors are rumoured to be optimistic about Nintendo's prospects, leading to a rise in Nintendo's share price. On March 26, Nintendo's shares surged to 32380 trillion yen, up 6.8% per cent. According to Bloomberg, the share price rise was the biggest one-day increase in Nintendo's share price since last August. In addition, according to people familiar with the news, Switch's two new models are likely to be unveiled at the E3 show in 2019, and will be available for sale in a few months. But because of Nintendo's silence, the veracity of the news is uncertain. Source: 1/2
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