Reported about 11 hours ago
Nintendo's stock experienced its largest increase in six months following the company's updated forecast for its Switch 2 console, projecting sales of 19 million units by March 2026, up from 15 million. This confidence comes ahead of the holiday shopping season, with the Switch 2's brisk sales already surpassing expectations. Analysts predict continued strong sales in the coming quarter, prompting Nintendo to ramp up production to meet demand.
Source: YAHOO