Nintendo Stock Craters 12% After Switch 2 Price Hike and Bleak FY27 Forecast, Yet Furukawa Shrugs Off Momentum Fears

Nintendo Stock Craters 12% After Switch 2 Price Hike and Bleak FY27 Forecast, Yet Furukawa Shrugs Off Momentum Fears

A Nintendo Switch 2 console with coral Joy-Con controllers is shown next to a dock, featuring the number '2' and the text 'Nintendo Switch' on a red background.

Nintendo’s share price took a 12% hit over the weekend following the confirmation of a price hike for the Nintendo Switch 2 set to go into effect this September, but that wasn’t the only reason for the double-digit decline. An admittance that Nintendo’s biggest titles are taking longer to make, forecasting that Switch 2 sales will actually go on a decline in the next year, and an admittance that memory shortages, tariffs, and longer development cycles for major titles are all major challenges for the company played their part in that stock decline. But president Shuntaro Furukawa isn’t phased. During […]

Read full article at https://wccftech.com/nintendo-stock-falls-amidst-nintendo-switch-2-price-hike-but-president-furukawa-isnt-phased/

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