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Switch2 delay caused Nintendo stock price to plummet

2024-03-08
Latest company news about Switch2 delay caused Nintendo stock price to plummet

According to news on February 19, Nintendo has informed its game publishing partners that the release of the next-generation video game console Switch 2 will be postponed from the last quarter of this year to a few days in early 2025. moon. Nintendo has advised several of its partners not to expect the console to be available before March 2025. This news caused Nintendo's stock price to plummet 8.8% in early trading on Monday in Japan, the largest single-day drop since October 2021. At present, it has been seven years since Nintendo's previous generation game console Switch was launched. When will Switch 2 be released has become the number one question lingering in the minds of all investors.