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Yeah, the comment talking about currency exchange rates is missing the hardware crisis. Nintendo stock prices dropped 45% over the past year because of the hard
by rpdillon 6mo ago
Yeah, the comment talking about currency exchange rates is missing the hardware crisis. Nintendo stock prices dropped 45% over the past year because of the hardware shortages and the inevitability of having to raise prices to account for that. I think the difference in currencies is a minor factor. Last July, Nintendo was selling for about $24 a share, and now it's down to about $12.
https://www.ign.com/articles/nintendo-under-pressure-to-raise-switch-2-console-price-as-hardware-currently-sold-at-a-loss-report https://www.ign.com/articles/nintendo-under-pressure-to-rais...