Nintendo shares fall more than average, money starting to go into Sony stock

Nintendo shares fall more than average, money starting to go into Sony stock

king1990|18 years ago|Industry

Nintendo shares have fallen 8% since November which is 5% more than the Nikkei average. Nintendo shares surged more than five-fold in the past two years through October. Industry experts believe that investor confidence in Nintendo was shaken when PS3 sales overtook Wii sales for a brief time in November. They also believe that thanks to the increase in PS3 sales that "part of the money that used to flow into Nintendo shares are now going into Sony stock."

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