Nintendo stock slips as price hikes threaten Switch 2 demand
TL;DR Summary
Nintendo shares fell after president Shuntaro Furukawa said price increases will raise the barrier to purchase, with the stock down about 9% on the day and roughly 34% year-to-date, as the company pursues Switch 2 growth amid higher prices across major markets.
- Nintendo share value falls as president admits increased prices will "raise the barrier to purchase" GamesIndustry.biz
- Nintendo hikes Switch 2 prices and expects console sales to decline as memory crunch bites CNBC
- Price Revision for Nintendo Switch 2 System - News - Nintendo Official Site nintendo.com
- Apple Gets a Warning From Nintendo Memory-Chip Crisis. Why the Stock May Suffer. Barron's
- Nintendo shares slump as price hikes, games shortfall spook market Reuters
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