Nintendo's stock is dropping following the release of the Nintendo Switch
- 7 years ago
Earlier today, Nintendo officially unveiled the Nintendo Switch, their newest console that is supposed to compete with the Playstation 4 and the Xbox One. However, the early pricing for the Switch is set at $299, higher than many predicted. Shares in the companies stock are down 5.75% following the unveiling. Nintendo is already starting at a disadvantage following the flop of their last console, the WiiU, which only sold 13 million copies.