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Nintendo stock plummets in Japan after an 'unsurprising' Switch 2 announcement

Nintendo stock plummets in Japan after an 'unsurprising' Switch 2 announcement

The presentation of the Nintendo Switch 2 may have had a bad effect on investors. In fact, the company saw its share price fall sharply following the announcement of a new machine.

It fell by 7.04% at the start of trading on the Tokyo Stock Exchange. At the close of trading, this decline was only of 4,26%. Investors and industry experts felt that the Switch 2 was unsurprising and lacked originality.

On the other hand, gamers seem to have taken a liking to it, with the announcement trailer boasting around 22 million views on YouTube across Nintendo’s main channels. On Nintendo of America’s channel alone, with 14.7 million views, there were over 930,000 likes, versus just 23,200 dislikes.

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