-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
Financial Times: Nintendo shares jump 4.5% after Switch Lite announcement, highest level in 9 months
- Thread starter Deleted member 10737
- Start date
I think this is a good indicator of how reactionary the stock market can be, given what happened with Animal Crossing last month.
I've mentioned it a few times on here but I've held ntdoy since the GameCube era and first got in at like 11 dollars when I was about 16 years old. Ive of course bought and sold multiple times since then but never completely got out of it, so it's my longest held investment. In the past few years, Wii U and the recent dip last year especially, Ive got a lot more shares on the cheap. I'm something like 1700 shares now of ntdoy. Probably will sell off some at the end of the year if the price holds or continues up like I expect, and will enjoy a nice payday thanks to my silly love of videogames. Whodathunkit.
That had nothing to do with AC, or was most likely due to the lack of new hardware anouncement or mobile talk.
Don't forget Pokémon Masters which might give Pokémon even more of a boost like what happened with Pokémon GO back then.
It's theoretical gains/wealth right now. Also I don't have a job.
Lol
Surely even here people don't think this device is going to fail. This thing is going sell a ridiculous amount of units.
Holiday season is a lock for nintendo.
I only bought 2 shares myself after the post-E3 dip but I really wish I bought them pre-Switch announcement. Would've done really well.
So sorry for bump of old thread but it's basically a follow up to this news/thread. Since the launch of the Switch Lite, and Mario Kart Tour... Both seemingly successful launches, the stock has tanked ~14%! Totally the opposite of what I expected to happen... Anyone here have any ideas what the deal is? I fail to see the Lite or Kart disappointing expectations that much
because stock markets are finicky. they need no reason. stop paying it mind
Japanese sales seemed to be a success, and completely additive to Switch regular sales
OK, convince me with numbers then.
Of course they're additive. But for it to be considered a success, it has to meet or beat expectations. I'm asking what those expectations were set at, and how do we know if it exceeded them?
Tracking groups like NPD seem pretty happy with the results so far and cite it as the reason why the Switch sold so high last month. There's no reason to assume it's a failure unless you're making blatantly bad faith arguments.
Mario Kart Tour does not seem like it was a very successful launch to me.
No speculations needed. Switch OG has more functionalities than Switch Lite.
Functional > Pricey
We call them "Wall Street Bets."
Who is assuming it's a failure? Bad faith argument? What's wrong with you? I asked how do we know if it's actually a success. You wishing for it to be a success doesn't make it one, and someone else wishing for it to be a failure doesn't make it that either. What makes it a success is meeting/exceeding the makers own estimates.
I bought Nintendo Stock, lots of it, inbetween the Switch announcement and Super Mario mobile release. 1.5 years later, after the Switch's first holiday, I have made about $10,000 CDN.
This is why I can't complain about full-price MSRP on Tropical Freeze and Link's Awakening.
This is why I can't complain about full-price MSRP on Tropical Freeze and Link's Awakening.
I assume the drop is either people who expected MKT to be as big as Pokémon GO (haven't checked the data to tell if it is or not, but it certainly isn't making as many headlines which might as well mean it flopped in the eyes of some shareholders) or they expect Pokémon to underperform due to controversy, which imho won't be the case. It could also be that Nintendo now decided to put back on the market the portion of their shares that they bought earlier this year since they knew they were under-valued, causing the current market to have an over-abbundance of their titles (shouldn't worry Nintendo since they bought when they were way under 300€)
Did we ever get like a % breakdown between the 2 from NPD, or any numbers in general on the lite?
Is "bad faith" just a catch-all term now for "comment/opinion I disagree with" ?
Switch Lite being a success/failure will be determined by its holiday performance relative to Nintendo's expectations. We simply don't have enough data at this point to say one way or the other imo.
standard buy and sell status quo, there have been speculative talks of a weaker than expected quarter so shares are being sold prior to the fiscal report on the 31st, so wait a week for official numbers.
Last edited:
Maybe investors are afraid that there aren't many growth opportunities left now that the Lite is out? That the Switch momentum might slow down next year? I personally think they might be right, even though the eShop revenue will definitely grow in the foreseeable future.
I think if the Switch Lite was this shocking failure Mat Piscatella would indicate it and it would be a bigger news than just bumping a random thread.