Nintendo stock price soars due to unexpected success of new Pokémon game

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Investing.com - Nintendo’s stock price surged significantly on Wednesday, after the newly released life simulation game “Pokémon Pokopia” topped sales charts within less than a week of its launch.

Nintendo Co., Ltd. (TYO:7974) stock soared 10% to 10,035 yen, making it one of the best-performing stocks in the Nikkei 225 index, which rose 2.7%.

Released on March 5, Pokopia became the best-selling game for the Switch 2 in the United States and the UK on Nintendo’s digital store.

Multiple media reports indicate that the physical edition of the game sold out quickly in the U.S., and retailers like Walmart increased the game’s price due to high demand.

Since the game is a spin-off of Nintendo’s popular Pokémon series and differs significantly from the mainline titles in terms of battle and collection gameplay, earlier sales expectations were relatively modest.

After its release, Pokopia received positive reviews, earning a score of 89 on the online review site Metacritic.

In addition to the game, Nintendo’s stock was also buoyed by optimism surrounding the upcoming release of “Super Mario Galaxy” movie, especially after the final trailer was released on Tuesday. The film is scheduled to premiere on April 1 and is a sequel to the highly successful “The Super Mario Bros. Movie” from 2023.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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