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