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
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