"Nintendo Shares Drop as Switch 2 Release Delayed to 2025"

1 min read
Source: Video Games Chronicle
"Nintendo Shares Drop as Switch 2 Release Delayed to 2025"
Photo: Video Games Chronicle
TL;DR Summary

Nintendo's shares in Japan dropped following reports that the successor to the Switch is expected to be released in Q1 2025 instead of late 2024, causing a dip of as much as 8.8% before settling on an overall loss in value of 5.8%. Analysts suggest that the delay could result in a weak software line-up this year, potentially impacting the company's fiscal year 2025 numbers. However, some analysts advise investors to see the dip as an opportunity to buy shares, as Nintendo's announcement of its next hardware is still anticipated.

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