Pokémon,Chris Cassidy Archives whoa.
Nintendo is now worth more than double what it was before the launch of Pokémon Go, as investors continue to drive up the price of the video game company's stock.
In dollar terms, Nintendo has added a whopping $23 billion to its value in less than two weeks.
The chart below illustrates just how steep the rally has been.
NTDOY data by YCharts
The share price increase has sent Nintendo's market capitalization -- the value of the company based on its stock price -- to more than $40 billion.
That's more than one of its rivals in the video game industry, Sony, which is around $38 billion.
This Tweet is currently unavailable. It might be loading or has been removed.
Nintendo's shares rose almost immediately after the game was released and skyrocketed after the popularity of Pokémon Gobecame apparent. Some firms have released data showing it to be the most popular mobile game of all time, with daily active users rivaling some of the most popular apps including Google Maps and Snapchat.
The frenzy has also meant a lot of money and shares trading hands. The sheer volume of trading has been staggering. Nintendo now owns the record for the most traded stock in the history of Japan's market.
This Tweet is currently unavailable. It might be loading or has been removed.
Nintendo's rally comes despite only having a tangential interest in Pokémon Go.
The game itself was developed by Niantic, a private company that spun out of Google. The Pokémon characters are property of The Pokémon Company. Nintendo has an partial ownership stake in both those companies, meaning they'll get a cut of the game's success.
Nintendo's stock rally, however, has been widely attributed to the possibility that the company will be able to translate the success of Pokémon Gointo future games with its popular game franchises including Mario Bros. and The Legend of Zelda.
Have something to add to this story? Share it in the comments.
Men, Women, Dante, and Other News by Sadie SteinThe best budgetThe best DevaCurl alternatives and replacements for curly hairChristo, Untitled, 1982 by The Paris ReviewThe Most Expensive Book in the World, and Other News by Sadie SteinThe Old Order Changeth by Sadie SteinWhat We’re Loving: Smells, Films, and Flames by The Paris ReviewThe best DevaCurl alternatives and replacements for curly hairParis Review Nominated for Two National Magazine Awards by Lorin SteinWhat to do when body image is affecting your sex lifeRuth Prawer Jhabvala, 1927–2013 by Thessaly La ForceWordle today: Here's the answer and hints for June 22Happy Birthday, Great Gatsby! by Sadie SteinHonors Galore, and Other News by Sadie SteinParis ReviewA Prize for Isol by Sadie SteinEverything They Cook Takes Five Hours: An Interview with Director Alexa Karolinski by Tim Small'Quordle' today: See each 'Quordle' answer and hints for June 21Christo, Untitled, 1982 by The Paris ReviewYouTube revives sort by oldest video button on user channels Kid who visits Best Buy every day receives amazing surprise from staff People are pissed this white nationalist had his Twitter account reinstated The Walking Dead Recap: Season 7, Episode 8 – Hearts Still Beating Blind WWII soldier gets his wish to touch the army's latest tanks Trump falsely claims that nobody knows if global warming is real The 13 worst things about Star Wars Apple's massive emoji redesign arrives with iOS 10.2 Instagram live video is here Inside India's big Twitter hacks: Legion group makes more, bigger threats CPU and GPU Availability and Pricing Update: April 2021 Facebook is finally hiring a head of news Teen magazine shocks readers with scorched Someone keeps photoshopping Trump's face on the Queen and it's terrifying NFL Dance Party: This Falcons linebacker absolutely failed his touchdown celebration attempt The 9 need Trump doesn't need security briefings because he's 'like, a smart person' 'Deadpool' just got a big honor at the Golden Globes Frustrated fashion student uses ASL to send professor a hidden rude message Cam Newton's postgame outfit inspired a lot of 'Westworld' jokes Behold the pure joy of Issa Rae after her 'Insecure' Golden Globe nomination
2.193s , 10109.5390625 kb
Copyright © 2025 Powered by 【Chris Cassidy Archives】,Wisdom Convergence Information Network