{"id":30356,"date":"2018-07-04T15:45:00","date_gmt":"2018-07-04T15:45:00","guid":{"rendered":"http:\/\/www.nintendolife.com\/news\/2018\/07\/nintendos_share_price_falls_yet_again_with_a_lack_of_game_announcements_possibly_to_blame"},"modified":"2018-07-04T15:45:00","modified_gmt":"2018-07-04T15:45:00","slug":"nintendos-share-price-falls-yet-again-with-a-lack-of-game-announcements-possibly-to-blame","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/07\/04\/nintendos-share-price-falls-yet-again-with-a-lack-of-game-announcements-possibly-to-blame\/","title":{"rendered":"Nintendo&#8217;s Share Price Falls Yet Again With A Lack Of Game Announcements Possibly To Blame"},"content":{"rendered":"<div class=\"media_block\"><a href=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendos_share_price_falls_yet_again_with_a_lack_of_game_announcements_possibly_to_blame\/large.jpg\"><img decoding=\"async\" src=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendos_share_price_falls_yet_again_with_a_lack_of_game_announcements_possibly_to_blame\/small.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<aside class=\"picture embed centered picture-900x img-900x\">\n<div class=\"img\"><a title=\"nintendo.jpg\" href=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendo_share_price_falls_yet_again_with_a_lack_of_announcements_possibly_to_blame\/attachment\/0\/large.jpg\"><img decoding=\"async\" src=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendo_share_price_falls_yet_again_with_a_lack_of_announcements_possibly_to_blame\/attachment\/0\/900x.jpg\" alt=\"nintendo.jpg\" \/><\/a><\/div>\n<\/aside>\n<p>Today has seen yet another significant drop in Nintendo&#8217;s share price, falling by\u00a05.27% by the end of the trading day in Japan.<\/p>\n<p>We&#8217;ve seen several fluctuations in share price over the last few weeks, with the most recent drop seemingly <a href=\"http:\/\/www.nintendolife.com\/news\/2018\/06\/nintendos_share_price_plummets_in_response_to_e3_direct\">being linked to Nintendo&#8217;s E3 presentation<\/a>. It was suggested that the drop was due to\u00a0investors&#8217; doubts over Nintendo&#8217;s ability to achieve its hardware and software sales estimates, with a lack of new games being shown during the presentation causing concerns.<\/p>\n<p>Now, prices have fallen once again for seemingly the same reason. The Nikkei\u00a0(a stock market index for the Tokyo Stock Exchange) believes that today&#8217;s drop is thanks to a lack of information surrounding new titles and a drop in Switch sales. You can see the drop below.<\/p>\n<aside class=\"object object-tweet\">\n<blockquote class=\"twitter-tweet\"><p><span lang=\"en\" dir=\"ltr\">-5.27%. Nintendo stock again got slaughtered at the Tokyo Stock Exchange today. <\/p>\n<p>The Nikkei thinks it&#8217;s because of a lack of new information on the game pipeline and sluggish sales of the Switch, causing foreign shareholders to get rid of the stock.<\/p>\n<p><\/span>\u2014 Dr. Serkan Toto (Kantan Games Inc.) (@serkantoto) <a href=\"https:\/\/twitter.com\/serkantoto\/status\/1014390602891386880?ref_src=twsrc%5Etfw\">July 4, 2018<\/a><\/p><\/blockquote>\n<\/aside>\n<aside class=\"picture strip\">\n<div class=\"img\"><a href=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendo_share_price_falls_yet_again_with_a_lack_of_announcements_possibly_to_blame\/attachment\/1\/original.jpg\"><img decoding=\"async\" src=\"http:\/\/images.nintendolife.com\/news\/2018\/07\/nintendo_share_price_falls_yet_again_with_a_lack_of_announcements_possibly_to_blame\/attachment\/1\/900x.jpg\" alt=\"Screen Shot 2018-07-04 at 16.13.38.png\" \/><\/a><\/div>\n<\/aside>\n<p>Despite these concerns, we&#8217;ve already heard that Nintendo <a href=\"http:\/\/www.nintendolife.com\/news\/2018\/07\/nintendo_still_confident_it_can_ship_20_million_switch_consoles_this_financial_year\">is still confident<\/a> that it can achieve its goal of 20 million consoles being shipped this financial year, and now-former Nintendo president Tatsumi Kimishima has stated that the company <a href=\"http:\/\/www.nintendolife.com\/news\/2018\/07\/nintendo_hasnt_revealed_its_full_2018_lineup_says_outgoing_president_tatsumi_kimishima\">will reveal more<\/a> about its full 2018 lineup in the future. Essentially, it seems that shareholders are worried about a lack of information, but Nintendo wants to keep any future announcements secret for as long as possible, effectively harming each other.<\/p>\n<p>Hopefully things will settle down a little once Nintendo does reveal its future plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today has seen yet another significant drop in Nintendo&#8217;s share price, falling by\u00a05.27% by the end of the trading day in Japan. We&#8217;ve seen several fluctuations in share price over the last few weeks, with the most recent drop seemingly being linked to Nintendo&#8217;s E3 presentation. It was suggested that the drop was due to\u00a0investors&#8217; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-30356","post","type-post","status-publish","format-standard","hentry","category-nintendo-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/30356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=30356"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/30356\/revisions"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=30356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=30356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=30356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}