Nintendo Stock Price Doubles in 1 Year
Analysts speculate that the Sony PSP's "disappointing" TGS showing--and lack of a fixed price point--may be causing investors to flock to Nintendo.
Even though the company was a TGS no-show, Nintendo's stock price shot up early this week, reports Bloomberg Japan. Nintendo's share price rose 2.1 percent, or 260 yen, to 12,760 yen on the Monday following Tokyo Game Show. Financial analysts in Japan are debating whether the rise in share price was directly influenced by the events of Tokyo Game Show or simply coincidental.
KBC Securities'...
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