GameSpot · editorial
Nintendo Stock Continues To Dive Following Low Switch 2 Sales Predictions
Nintendo's share price dropped almost 8% on Monday as investors respond to the company's overly pessimistic outlook for the Switch 2's second year of sales. The slump took Nintendo's share price to its lowest point in almost two years, after the company admitted it was feeling the squeeze from memory shortages and other market pressures.On sales numbers alone the Switch 2 looks like a runaway success, but Nintendo isn't confident that the console can maintain its momentum, especially with a price hike on the way. In its earnings release, Nintendo said that hardware shortages and the strong fir