Nintendo has seen its share price slip by more than 40 percent this year, with investors backing away from the firm en masse.
This situation was compounded by the firm’s announcement earlier this week that it has cut its earning expectations and shipment forecasts for both GameCube and Game Boy Advance.
Yesterday saw another eight percent fall in the value of Nintendo, news that will put immediate and fierce pressure on the company’s directors to redress the balance and appease an agitated group of shareholders.
This situation was compounded by the firm’s announcement earlier this week that it has cut its earning expectations and shipment forecasts for both GameCube and Game Boy Advance.
Yesterday saw another eight percent fall in the value of Nintendo, news that will put immediate and fierce pressure on the company’s directors to redress the balance and appease an agitated group of shareholders.
Companies:
Nintendo
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