Nintendo Set for Worst Week in 27 Years as App Gain Fades: ChartBy
The rally that at one point more than doubled the value of Nintendo Co. has been cut in half, with shares heading for their worst week since 1989. The selloff began Monday after Nintendo said the financial impact from the worldwide hit Pokemon Go will be limited. A wider-than-expected loss and the company’s decision to delay an accessory for the game added to its woes.
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