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Is Nintendo (NTDOY) Stock Outpacing Its Consumer Discretionary Peers This Year?
Zacks Investment Research· 2024-03-04 15:46
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Nintendo Co. (NTDOY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Nintendo Co. is one of 292 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in ord ...
Nintendo sues company for piracy on 'colossal scale'
TechXplore· 2024-02-29 21:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain "Super Mario" giant Nintendo has filed a lawsuit against a US maker of software that allows video gamers to play games intended for its hugely popular Switch device on their PC or smartphone. The company behind "Legend of Zelda" and "Donkey Kong" is looking to clamp down on the operations of a ...
Nintendo Sues Developers Of Yuzu Switch Emulator, Alleging ‘Piracy At A Colossal Scale'
Forbes· 2024-02-28 01:13
ToplineNintendo sued the developers of Nintendo Switch emulator Yuzu on Monday, accusing them of willingly “facilitating piracy at a colossal scale” and requesting a Rhode Island court shut down the emulator and seize and destroy all copies of it owned by the developers.The lawsuit against Yuzu was filed Monday. (Photo by Tomohiro Ohsumi/Getty Images)Getty Images Key FactsYuzu, which allows users to play Switch games on other platforms like Windows PC, turns computing devices into “tools for massive intelle ...
Why Nintendo Stock Was a Winner Today
The Motley Fool· 2024-02-26 23:36
Veteran player in the video game arena Nintendo (NTDOY 2.01%) scored a few points on the stock exchange Monday. The Japan-based company saw its U.S.-listed shares rise by 2% following an analyst's reiteration of his buy recommendation on the stock.That bump was more than good enough to top the performance of the weakening S&P 500 index, which decreased by 0.4% on the day.Nintendo stock is a buy, insists Bernstein analystBefore the U.S. stock markets opened, Bernstein's Robin Zhu once again tagged Nintendo a ...
Nintendo Stock Drops as Investors Fear the Switch 2 Won't Launch Until Next Year
The Motley Fool· 2024-02-20 20:24
Shares of Japanese video game company Nintendo (NTDOY -4.92%) fell on Tuesday after a Bloomberg report said that the company would delay the release of its new hardware device, the Switch 2. The report came out Friday evening after the market closed.And since the market was closed over the weekend, as well as Monday, investors couldn't react until today. As of 1:50 p.m. ET, Nintendo stock was down 5%.What's going on with the Switch 2?First, investors should understand that the Switch 2 console hasn't even b ...
Nintendo Shares Tank Nearly 6% After Reports Say New Console Is Delayed
Forbes· 2024-02-19 12:06
ToplineNintendo’s stock price slumped nearly 6% on Monday following reports last weekend that the launch of its next games console has been delayed to 2025.The successor to the Nintendo Switch will reportedly launch early next year, following a delay.Getty Images Key FactsThe video game giant’s share price dropped to $55.72 (¥8,356) on Monday, down 5.86% from Friday. Monday’s drop follows reports over the weekend from gaming media and Bloomberg that the launch of the highly anticipated successor to the Nin ...
Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025
CNBC· 2024-02-19 10:25
A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan.Bloomberg reported on Saturday that Nintendo had told game publishers that the Switch 2 would be delayed until the early months of 2025, citing people with knowledge of the matter.Shares of Nintendo fell on Monday after a report suggested the launch of the Switch 2, the next version of its flagship gaming console, would be delayed.Nintendo was targeting a release of the console toward the ...
Nintendo shares plunge on Switch 2 delay reports
Proactive Investors· 2024-02-19 08:30
Shares in Nintendo Co crumpled almost 9% as shares traded for the first time after weekend reports that the new version of its Switch console will be delayed until next year.  The Japanese games colossus has been telling games publishers that the Switch 2 console will be delayed until the first quarter of 2025, specialist media reported at the weekend, pushing back the scheduled release of late 2024. Moving the launch back a few months means it should still be within the Kyto-based company's coming financia ...
Nintendo shares slide on report that Switch successor will be delayed until 2025
Market Watch· 2024-02-19 03:47
Shares of Nintendo Co. slumped in Tokyo trading Monday after Bloomberg News reported the company will delay its next-generation videogame console until 2025. Bloomberg reported that Nintendo 7974, -6.31% told some of its game-publishing partners that the successor to the Switch console will not be released until March 2025, at the earliest. It had been expected in late 2024. The delay likely means that Nintendo will also delay the launches of major new games until the new console comes out, Bloomberg rep ...
Microsoft bringing Xbox games to PlayStation and Nintendo, amid major strategy shift
The Guardian· 2024-02-16 10:24
Four of Xbox’s previously exclusive games will be making the jump to PlayStation and Nintendo’s consoles, Microsoft has announced. It was also suggested that the company will share details of the next version of its Xbox console before the end of 2024.In a video podcast with other Xbox executives, the CEO of Microsoft’s gaming division, Phil Spencer, did not name the four titles in question, but said they are each more than a year old. Two are live-service games and two are smaller titles, with multiplayer ...