Nintendo shares fell 7.5% after cutting profit forecasts

NinFan

Nintendo shares fell 7.5% after cutting profit forecasts

cutting, fell, forecasts, Nintendo, profit, shares

Mario as part of Nintendo Pictures

Shares of Nintendo and other major companies fell due to somewhat disappointing financial results and an ongoing global chip shortage that is causing problems for companies around the world. Nintendo shares fell 7.5% after the Kyoto-based company said a stronger yen had forced it to cut its full-year profit forecast. The company’s share price could rise or fall depending on the Nintendo Direct presentation that takes place tonight.

Source

Leave a Comment