Why Nintendo Stock Dropped Today

Switch sales are sputtering in their eighth year. Shares of video game company Nintendo (NTDOY -1.76%) dropped on Tuesday after the company reported financial results. The Japanese company reports infrequently but provided numbers for the most recent sixmonth period. Investors weren't too thrilled and Nintendo stock was consequently down about 3% as of 10:20 a.m. ET. But it had been down closer to 5% earlier in the day. The Nintendo Switch isn't selling as hoped Nintendo sells video games and has tons of mo ...