Nintendo Stock Jumps To 15,020 Yen Per Share

My Nintendo News

Nintendo stock has jumped to 15,020 yen per share, which is apparently the biggest surge for the company since July 2011. The shares rise happened today, January 8th, after China temporarily suspended a long-running ban on selling video game consoles. The country outlawed systems like Wii U in an effort to protect young people from the supposed negative influence of video games.

“Nintendo has to explore markets in Asia including China in order to increase its sales and profit,” said Iwai Cosmo Holdings analyst Tomoaki Kawasaki. “China is a promising market, even though there is a risk games will be pirated.”

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