"Nintendo Stock Plummets as Switch 2 Release Delayed to 2025"

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Source: CNBC
"Nintendo Stock Plummets as Switch 2 Release Delayed to 2025"
Photo: CNBC
TL;DR Summary

Nintendo's shares dropped nearly 6% following a report that the launch of the Switch 2, the next version of its flagship gaming console, may be delayed until early 2025, contrary to earlier expectations of a release by the end of this year. The company's stock fell 5.84% in Japan, and analysts had previously anticipated a new Switch console to be launched in the second half of this year. The delay, if confirmed, would mean missing the crucial holiday season in December and could impact the company's momentum, which has been driven in part by anticipation for a new console.

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