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Nintendo shares slump on guidance
Nintendo's stock price has experienced its sharpest decline in nearly two years, falling almost 9% following a disappointing fiscal outlook.
The company issued a cautious sales forecast for the highly anticipated Switch 2, citing rising memory costs and the potential impact of new trade tariffs.
Investors have reacted negatively to a perceived lack of high-profile launch titles, such as new entries in the Mario or Zelda franchises, which are traditionally key drivers of console momentum.
Despite the slump, Nintendo maintains that its strategic focus remains on long-term hardware sustainability and the expansion of its digital ecosystem.
Nintendo Switch 2
Video game console developed by Nintendo
Video game console developed by Nintendo