Nintendo Boosts Forecast 50% As “Stay At Home” Gaming Demand Skyrockets

Read more on this subject: Entertainment: Games
News Story Source: Zero Hedge
But that doesn't necessarily mean that these stocks aren't worth paying attention to. In fact, well known financially conservative video game company Nintendo spiked on Thursday after it raised its forecasts midway through its fiscal year. 

Shares were already up more than 30% this year, before finishing the day up another 6% on the announcement. The company's announcement is a sign of "robust gaming demand from consumers stuck at home during the pandemic," according to Bloomberg. 

Read More or Make a Comment

Bookmark the permalink.

Comments are closed.