If You Invested $1,000 In Nintendo Stock When Pokemon Go Was Released, Here's How Much You'd Have Today
Portfolio Pulse from Chris Katje
Since the release of Pokemon Go in 2016, an investment in Nintendo Co (OTC:NTDOY) would have yielded a return of 208.9%. The game, developed by Niantic, a company spun out of Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL), generated billions of dollars in revenue annually at its peak. Nintendo, a 33% owner of The Pokemon Company and a partial owner of Niantic, was a popular stock for investors during the game's peak popularity. The same investment in the SPDR S&P 500 ETF (NYSE:SPY) would have returned 108.6%.
July 06, 2023 | 4:22 pm
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POSITIVE IMPACT
Alphabet Inc, the parent company of Niantic, the developer of Pokemon Go, has indirectly benefited from the game's success.
Alphabet Inc, as an investor in Niantic, has seen indirect benefits from the success of Pokemon Go.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Nintendo's stock has seen a significant return of 208.9% since the release of Pokemon Go in 2016.
The release and success of Pokemon Go, a game partially owned by Nintendo, has significantly boosted the company's stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P 500 ETF has returned 108.6% since the release of Pokemon Go in 2016.
The SPDR S&P 500 ETF, used as a benchmark in this analysis, has seen a return of 108.6% since 2016.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50