Nintendo revealed the upcoming Nintendo Switch successor, Nintendo Switch 2, last week, on January 16, 2025. After the launch, Nintendo’s stock price dropped by 7%, which we covered. Today, Nintendo stock prices recover and reach an all-time high after a week of the Nintendo Switch 2 announcement.
Nintendo Stock Prices Recover and Reach All-Time High
Just a week ago, investors were speculating about Nintendo Switch 2 due to a lack of key information regarding the device’s specs. It caused Nintendo’s stock price to drop by 7%, gradually recovering to 4% the next day. Well, after a week of the Nintendo Switch 2 announcement, Nintendo stock price has reached an all-time high.
According to Marketwatch, Nintendo stock price reached the trading value of 9,775 yen. The trade closed at 9,559 yen, still a 1.65% increase. This trading value of Nintendo stock price is higher than the previous all-time high value, 9,404 yen.
Nintendo Shareholders are still hoping to see the prices rise again once Nintendo reveals more information about Nintendo Switch 2. For now, the fans and investors only have a 2-minute teaser of the latest Nintendo console. As we know how Nintendo operates and values its contents, they will not reveal anything new regarding Switch 2 before the next Direct.
Nintendo’s next Direct will take place on April 2nd, 2025. Moreover, Nintendo will hold a hand-on experience in various cities after the Direct. The hand-on experience of Switch 2 will certainly be more impactful for Nintendo which might increase their stock prices once again.
The post Nintendo Stock Prices Recover and Reach All-Time High After a Week of Nintendo Switch 2 Announcement appeared first on Nintendo Smash: Video Games News, Reviews & Guides.
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