Nintendo Investors Seek Answers After `Shocking' Share Drop
- Shares trade at deepest discount to Wall St. targets in decade
- Analysts worry over lack of positive surprises, online bugs
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Nintendo Co. suffered its biggest two-day drop in 18 months, befuddling analysts and sending investors scrambling to explain the sell off.
Shares tumbled 6.3 percent on Monday after losing 4 percent on Friday, the largest two-day decline since December 2016. The drop left the stock at its lowest level since September and at its biggest discount versus Wall Street targets in nearly a decade.