Nintendo’s Stock Rises After Nintendo Labo Announcement

Following the announcement of Nintendo Labo, the Tokyo Stock Exchange has recorded a considerable jump in NTDOY (Nintendo’s ticket symbol). On January 19th, a few days after the cardboard peripheral was revealed and put up for pre-order, the company’s stock had reflected a nearly 4% increase in conjunction with the previous report that the Nasdaq was reporting that NTDOY was a strong buy. Investors seem to be taking a liking to the newly announced device? so it will be interesting to see how the gaming world takes to Nintendo Labo in April. I have mine pre-orderd but I have a rather large family so I think we will all enjoy it.

Source via MYNN