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Nintendo stocks slip slightly


Nintendo's stocks have taken a small hit today, as a strong yen pulls in to take a portion of the blame for itself. As Nintendo raised profit forecasts and promised an increase in manufacturing and shipping, last week saw a rise in the video game company's stock. Investors, who fear the strength of the yen and the decline of the dollar, note the large portion of business that comes from exporting product for Nintendo. As such, today saw the stock price fall 5,000 yen to 46,800 yen.

Of course, shortages in the U.S. and Europe aren't helping things. Both of Nintendo's products are almost impossible to find, giving investors that much more reason to want to sell shares.

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Reader Comments (Page 1 of 1)

Rob1

1-28-2008 @ 2:24PM

Rob said...

I haven't seen a DS or Wii on store shelves since before the X-mas rush.

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Justin2

1-28-2008 @ 2:25PM

Justin said...

My wife just got me a PSP. Oh dear lord, what have we done?!?

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Tom3

1-28-2008 @ 3:21PM

Tom said...

SHAME ON YOU JUSTIN!! SHAAAME!!! SHUN THE NON-BELIEVER!!SHUUUUUUUUUUUUUUUN-A!!

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2 starsvote downvote upReport
WhatIsThatThing4

1-28-2008 @ 5:00PM

WhatIsThatThing said...

5,000 to 46,800 doesn't sound like a bad "fall" to me.

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