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Investors Realize Nintendo Doesn't Make Pokemon Go, Stock Drops

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Since Pokemon Go was released, Nintendo has been all up in that money. With a century-record under their belt, it's safe to say the executives at Nintendo were rolling in the dough...that is, until investors realized that Nintendo themselves didn't make Pokemon Go.

The Stock dropped a whopping 18%, resulting in a loss of $6.7 billion market value for Nintendo after their record breaking $4.5 billion surge on Friday. The stock dropped after announcing their 13% "economic stake" for the app itself.

:arrow:Source
 

Psionic Roshambo

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If the numbers are correct from what I have been reading Nintendo will still make a billion or two from Go over the next 2 years (assuming it doesn't fizzle)

Either way it's fun to watch.
 

RevPokemon

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Either way Nintendo stock would of gone down eventually as fads like this die out. Pokémon Go shows how out of touch Nintendo is. Although I am shocked investors didn't even check out the facts before evaluating Nintendo stock.

--------------------- MERGED ---------------------------
Never mind
 
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Fabax01

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Oof! Taken down!
STOCK? The money the INVESTORS dropped. It's here somewhere.


Edited Pokemon red script.
 

dreary79

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The Pokemon license will increase in value so much from Go that there stocks may not continue to drop. Even if they do they should go back up again. Between deals with chains like McDonald, toys, video games, collectable cards, clothing and other collectables Nintendo is going to make a lot of money on the Pokemon license. Hopefully they don't screw this up like they did with the Wii U.
 
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McHaggis

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AFAIK, Nintendo is one of the shareholders of Niantic anyways. So to some extent, Niantic belongs to Nintendo, Google and some others*.
Google, Nintendo and The Pokémon Company (also partly owned by Nintendo) invested into Niantic, along with smaller amounts by venture capitalists.
 

nolimits59

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Yeah, because Nintendo NEVER suppervised or validated or given any directives about the game, OF COURSE Nintendo is not involved AT ALL an don't own any part of Pokemon compagny, game freaks, or Niantic... yeah... Nintendo didn't made anything of pokemon go... yeah... damn how stupid it sound when you say it ! x)
 

vayanui8

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I was surprised when I heard it was Nintendo's stocks that rose from this, I suppose it makes alot more sense now
 

tech3475

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I was surprised when I heard it was Nintendo's stocks that rose from this, I suppose it makes alot more sense now

Investors saw it was popular and thought popular == profit, Ive heard allot of investment is also handled by computers now which doesnt help.

It was just a matter of time before something happened to cause the shares to decline.
 

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