Nintendo stock sees its worst drop in three months. Switch 2 plans were vague.
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Nintendo's stock experienced its largest decline in three months due to vague details about the Nintendo Switch 2 plans, following a previous rally to a record high.
January 17, 2025 | 9:15 am
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Nintendo's stock fell significantly after the company provided unclear information about the Nintendo Switch 2, following a recent rally to a record high.
The stock's decline is directly linked to investor disappointment over the lack of clear information about the Nintendo Switch 2, which was expected to drive future growth. This uncertainty likely led to a sell-off after the stock had reached record highs.
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