Nintendo S Market Value Up 86 On The Back Of Pokemon Go Success
Nintendo shares have risen to a six-year high on the back of the amazing success of Pokemon GO, seeing the firm’s market value climb 86 per cent since last Thursday, reports Reuters. That’s almost $15 billion added to Nintendo’s value in a week. “When you look at the way it’s becoming a social phenomenon in the US, the rally is understandable even though it’s not clear yet how much it will boost profits,” said Toshiyuki Kanayama, a markets analyst at Monex Securities....