Nintendo S Shares Plummet As Investors Realize They Don T Own Pokemon Go
Nintendo was having a good time reaping the benefits of the massive success of Pokemon Go over the last several weeks, as their shares skyrocketed and even pushed their market value past Sony. However, many of the new investors believed that they owned the game, and after learning the truth the picture is changing rapidly. Nintendo is set to report their first-quarter results this week, and they’ve revealed that the impact of Pokemon Go will be “limited” and their annual profit forecast has not changed....