Nintendo has been having a very rough go of it over the last few days, all revolving around the change of their earnings forecast for this fiscal year from a ¥55 billion profit to a ¥25 billion loss. When the stock market closed today in Tokyo, stock for Nintendo dropped by six percent as a result of their adjusted forecast from late last week.
At one point of the day, the Nintendo stock was as far down as 18.5 percent, but it recovered to finish down only 6.1 percent at $131.87, or 13,745 yen. Now we will just have to wait and see what happens from here on, especially with the talk of some changes coming to the company.
