Why Nintendo Stock Is Slipping Today

Core Viewpoint - Investors are concerned about the sales trajectory of Nintendo's Switch 2 console, especially as it is no longer selling out at retail, despite a strong initial performance [1][3][4]. Group 1: Stock Performance - Nintendo's stock experienced a modest pullback, down 1.9% as of 3:30 p.m. ET, with a maximum decline of 2.8% during the session [1]. - Despite recent sell-offs, Nintendo's stock is still up approximately 49% in 2025 [1]. Group 2: Switch 2 Console Performance - The Switch 2 console launched on June 5 and became the fastest-selling console in U.S. history, moving over 1.6 million units in its first month [3]. - Initially, the console was selling out quickly after restocks, but it has become easier to find on store shelves recently [3][4]. Group 3: Future Sales Outlook - Early sales data for key software titles, such as Mario Kart World, has been encouraging, indicating a strong start for the Switch 2 [4]. - The initial explosive launch performance does not guarantee that the Switch 2 will match the sales longevity of its predecessor, leading to uncertainty in predicting its future sales trajectory [5].