Nintendo Breaks Stock Market Records Through Pokemon GO!
Pokemon GO has been breaking all kinds of records since its official launch. Now, Nintendo can add “Stock Market Record Breaker” to the list.
It was already reported that Pokemon GO had caused Nintendo stock to rise ever since launch, even though Nintendo technically didn’t have much in the development of the game, but now thanks Bloomberg, an even bigger record has been revealed.
“The excitement surrounding Nintendo Co.ās mobile game Pokemon Go last week has left its mark on Tokyo stock market history. The gamemaker traded 476 billion yen ($4.5 billion) worth of shares on Friday, the biggest daily turnover for any company in the Topix index this century. Nintendo surged 71 percent last week after the game became an instant hit, its largest weekly gain ever.”
I wish they had better servers because I can barely play it, but I guess they didn't expect such a popular release. Hopefully they'll fix them up because I want to play before the game isn't popular anymore.
I suppose now that people realize that Nintendo doesn't technically own the game the stocks will normalize again. This was a very interesting event in the market though I have to say.
I've never been one to follow stock market trends, but even I have to admit, this was pretty interesting. So stocks are going to normalize now that everyone knows that Nintendo doesn't own the game? Is it really as simple as that?
I'm not surprised at all since the game was so succesful. Everybody and their grandma is playing this game and it's crazy.
They will have better servers very soon I can imagine with the influx of new players. They don't want to lose money so they will invest deeper into the game. I'm sure not even they thought it would be such a massive hit. Just stick with it, it will get better.
Isn't this amazing? Who couls have predicted this game would take off like it has. I think it is great!
Well doesn't that make you wish that you could go back in time and just invest all your money in Nintendo for two days, even more than usual anyways? I know that it does for me, and I was very surprised to hear how much the price of the stock went up. I bet there are some lucky people out there, or some smart people too, the ones who predicted it…I wish I was one of those guys.
Yeah, you just gotta find that next big thing. I thought pokemon ended a long time ago, I guess I was wrong.
Honestly doesn't surprise me because this game is literally everywhere. Even established brands are using pokemon to catch the attention too. It's on the internet, on the news, on social media, everywhere….
Yeah, this is definitely a time to buy some put options in Nintendo. Nintendo will get very little revenue or profits from this game, and even less so since it is a free game. I am sure they are making some money, but there really isnĀ“t much pressure to buy anything, the free game is very fun.
To be fair I haven't heard this much hype for a mobile game in some time until now so I can understand why these things are happening. It will take some time for them to develop better monetization, I think. Though I don't play the game so maybe they have improved on that since the last time I checked.
I am really not sure if this is the case, but I guess I can see it from the stand point where they kind of tested it out with the free version, and something they have will be better and they are waiting to release it for a price. I could be wrong though, and maybe they are regretting making it free.