Why Nintendo Stock Fell Today

Is Nintendo's business headed for weak performance this holiday season?Nintendo (NTDOY -3.56%) stock lost ground in Wednesday's trading. The Japanese gaming giant's share price closed out the daily session down 3.6%.The Financial Times published an article today stating that Nintendo and Sony were heading into the crucial holiday sales season without any new offerings that were likely to move the needle in a positive direction. Nintendo's Switch console is now roughly six years old, and the company's holida ...