Nintendo Cuts Switch Sales Forecasts After Weak Results
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Nintendo has reduced its annual sales forecasts for the Switch console and software following weaker-than-expected first-half results.
November 05, 2024 | 12:30 pm
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NEGATIVE IMPACT
Nintendo has lowered its sales forecasts for the Switch console and software due to disappointing first-half results, which may negatively impact the stock price.
The reduction in sales forecasts indicates weaker-than-expected performance, which is likely to concern investors and could lead to a short-term decline in NTDOY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90