Video-Game Publisher Stocks Fall On Nintendo Warning‎

WSJ: Shares of video-game publishers took a hit Wednesday after Nintendo Ltd. slashed its fiscal-year forecasts and said its new 3D handheld-gaming console wouldn't come out in Japan until February.

Although the company hadn't previously set a release date for the console, many analysts had been expecting the Nintendo 3DS to hit the Japanese market in time for the holidays, with a U.S. launch to follow in early 2011.

Nintendo's (NTDOY) U.S.-listed shares dropped 8% by midday Wednesday.

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