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Nintendo Shares Plunge After Switch 2 Price Hike and Weak Sales Forecast

Nintendo's stock plunged by 8% after the company announced a price increase for the upcoming Switch 2 console and issued a weaker sales forecast for 2026. The news has led to market concern and speculation about the console's future performance.

11 May, 09:45 — 11 May, 17:05
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The Story

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Source Diversity

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8 sources33/33
Spectrum spread3/5 buckets covered17/33
Far L
Left4
Left (4)
varietytvn24Yahoocnbc
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Geographic diversity3 regions13/34
US6Pakistan1Poland1

Sources

Showing 7 of 8 sources
cnbcMostly Factual13h ago

Nintendo plunges 8% after Switch 2 price hike and weak sales forecast

Investors are concerned about Nintendo's outlook of lower Switch 2 sales in the current fiscal year, driven by price rises for the console.

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YahooMostly Factual8h ago

JPMorgan Cuts McDonald’s Price Target to $305: Is the Same-Store-Sales Story Stalling?

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varietyMostly Factual6h ago

Here’s Your Last Chance to Get the Nintendo Switch 2 Before the Price Goes Up

Starting on Friday, June 5, the Nintendo Switch 2 is getting a $50 price increase. The jump comes ahead of the busy summer season, so it’s best to get the gaming console now before the price goes up. Right now, you can get the Nintendo Switch 2 for $449 at Walmart. However, come June 5, […]

By Rudie Obias

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DawnMostly Factual5h ago

Senators decry hike in petroleum prices, accuse govt of 'economic oppression'

ISLAMABAD: Senators on Monday decried the latest hike in petroleum prices and costly energy, accusing the government of “economic oppression” and calling for an exit from the International Monetary Fund (IMF) programme. PTI’s parliamentary leader in the Senate, Barrister Syed Ali Zafar, termed the fresh hike in petroleum prices a “petrol bomb” and “economic oppression” against the public, regretting the Rs117.5 per litre levy. Speaking on the floor of the Upper House, Zafar rejected the gover...

By none@none.com (Iftikhar A. Khan)

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seeking-alphaMixed6h ago

Dixie Group anticipates $17.8M year-over-year profit improvement as it implements Q2 price increase and downsizes California yarn operation

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ignMostly Factual6h ago

Nintendo Confirms It Has Under-Wraps Switch 2 Games Due Later This Year, as Share Price Drops Following Console Price Hike

Nintendo has confirmed it has multiple unannounced Switch 2 games set for launch later this year, as the company responds to questions about its decision to raise console prices.

By Tom Phillips

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screen-rantMixed11h ago

Zelda: Ocarina Of Time Remake Teased Following Switch 2 Price Increase

As Nintendo Switch 2 prices rise, president Shuntaro Furukawa pledges to bolster the gaming library with remakes, remasters and classic revivals.

By Paul Farrelly

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