Pokémon Go! The rise and fall of Nintendo in 3 months

By Ultron -

Well every one is talking about Pokémon Go and the success it has become but admits all the fan fare and glory many investors wrongly assumed that Nintendo was the sole owner of the Game and bought a lot of their shares effectively doubling the Market capitalization of Nintendo.


Shares of Japan's Nintendo Co soared another 14 per cent on Tuesday, more than doubling the firm's market capitalisation to 4.5 trillion yen ($42.5 billion) in just seven sessions since the mobile game Pokemon GO was launched in the United States. The phenomenal success of Pokemon GO - now available in 35 countries, the majority in Europe, and most recently in Canada - has triggered massive buying in Nintendo shares, surprising even some seasoned market players. 





How Ever this upsurge was short lived as investors realized that Nintendo did not own Pokemon GO as a sole owner rather had a much smaller share. The investor's confidence slid giving nintendo the biggest slides in share price in many decades.

Niantech is the developer of Pokemon GO and it has also developed Ingress which was a successfull game in its own accord.




This chart shows the rise and fall of nintendo during a brief 1 month period. 


At the end i would like to say:


You gota catch them all!


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