Nintendo Stock Crashes Nearly 7% After Juneβs Direct Lacks New 3D Mario Game β Investors Sour Despite Fan-Favorite Lineup
Fans' sentiment about yesterday's Nintendo Direct may have been quite positive, but the stock market disagrees. Today, the stock fell as much as 8% before climbing back a bit to -6.75%, and analysts are blaming it on the lineup's lack of heavy hitters, like a new Super Mario game. According to Reuters, Jefferies βanalyst Atul Goyal wrote in a client βnote: The lack of a mainline 3D Mario for this year's βholiday shopping season is commercially meaningful. The β Switch 2 launched last June with titles including Mario Kart World and, later, Donkey Kong Bananza. Year 2 now enters the βholiday [β¦]
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