Nintendo's share price has risen consecutively over the past eight days, hitting a new record high for the first time in nearly five months, thanks in no small part to Saudi Arabia's Public Investment Fund reducing its stake in the company. Nintendo's share price has risen by more than ¥1,000, which will make investors happy. A decrease of 1% clearly brought a sense of stability to the market. There are other driving forces for the share price to rise, namely the potential for a reveal date for the Switch's successor, which is expected to be announced before the end of March 2025.
