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Jerr

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News Story: Nintendo Stock Has Decreased Nearly 40% in Last 6 Mth

Hey, this is an original news story from a gaming business blog I just started. Here's a little snippet.

As the holiday season looms, Nintendo no doubt seeks to recoup their recent net losses in the Japanese Nikkei market. With a net drop of 38.82% net value since early May 2011, Nintendo stock is losing ground, with it’s competitors Sony and Microsoft not faring as poorly in tough economic conditions (the latter actually gaining nearly 4% net value since the same date).

Nintendo has seen turbulent times lately, as it’s 3DS platform launch was underwhelming earlier this year. The Wii has also fallen in the weekly hardware sales charts, consistently selling less than the Xbox 360 and PS3 in the last 12 weeks. (source: VGChartz)

What do you guys think? Check out the rest here: http://gamesbizguru.wordpress.com/2011/11/01/nintendo-stock-has-decreased-nearly-40-in-last-6-months/

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