Friday October 21, 2016

Nintendo Down 6% After 'Switch' Console Unveil

Apparently investors aren't too thrilled with Nintendo's new Switch console. The maker of all things Mario took a sledgehammer in the turtle shells yesterday in after hours trading.

Shares of Nintendo Co Ltd (7974.T) dropped 6 percent in early trade on Friday after the videogame maker unveiled its next-generation gaming console, called the Nintendo Switch. The stock fell as far as 25,300 yen as of 0101 GMT, its lowest since Sept. 7.