Nintendo Shares Jump After Switch 2 US Data Eases Slowdown Fears

Signage at a Nintendo store ahead of the Nintendo Switch 2 release in New York on June 4.

Photographer: Michael Nagle/Bloomberg

Nintendo Co. shares surged after US market tracker Circana data said sales of the flagship Switch 2 console rebounded last month, allaying concerns of a slowdown in demand.

The Switch 2 ended both December and the full year of 2025 as the best-selling video game hardware in the US, helping to offset declines among rivals to lift industry-wide hardware spending by 9% for the year, Circana said. That’s despite a plunge in spending in November, when tariffs and surging component costs pushed up console prices and consumers held off on purchases. Nintendo’s shares rose 6.6%, their biggest intraday gain since Nov. 5.