Why Nintendo Stock Leveled Up on Tuesday

Nintendo (NTDOY 3.86%) stock jumped early Tuesday, rising 4% by early afternoon trading, compared to a flat result in the wider market, according to data provided by S&P Global Market Intelligence. The boost added to a solid rally for the video game specialist, which has beaten the market over the past full year and is up 11% in 2024 year to date.The move was sparked by good news on the earnings front.Good gaming newsNintendo announced quarterly results before the market opened that revealed solid demand fo ...