Last year’s July 20th peak caused by Pokémon GO of ¥31,770 has been surpassed by Nintendo’s share price, which has hit ¥31,880 – making it the highest Nintendo has peaked in more than five years. Check out the chart above to see how it looks in the one-year range with how different this growth is compared to Pokémon GO’s peak, and read on below for more data:
The Japanese company has seen its share price rise to ¥31,880 (£220), pushing it beyond the short-lived investor frenzy that attended the Pokémon Go craze last year, to its highest point since April 2010. Last July’s launch of Pokémon Go, a location-based augmented reality mobile game, saw Nintendo’s share price jump by 119% in a matter of days.
However, the stock tumbled again after investors realised that Pokémon Go had not been developed by Nintendo or its affiliate The Pokémon Company, but instead by the developer Niantic. Nintendo, which had a small investment in Niantic, the San Francisco-based company spun out of Google, released a formal notice pointing out it was not making direct sales from Pokémon Go and hence would not be making a fortune from last summer’s worldwide craze.
Source: The Guardian (via NeoGAF)
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