Nintendo Stock Drops After ‘Wii U’ Reveal.
Despite dropping the ‘Wii U’ on the very expecting asses of the gaming public, worst secret ever, Nintendo’s stock has been dropping this week. I don’t see why! Revealing a console with no first-party games, a gimmicky tablet controller, and footage of third-party games culled from footage from the other systems is a recipie for rock! Not!
Joystiq:
Though E3 attendees may be crazy for it, investors are continuing to express their displeasure with the Wii U. Nintendo’s stock lost another five percent after a similar fall on Tuesday, the first day after the new hardware was announced at E3. At the time of this writing, the stock is down to 16,170 yen per share on the Tokyo Stock Exchange, another 800 yen loss from the previous day’s close of 16,970.
I don’t know how stock works. Obviously. I dwell in a dungeon in my parents’ basement. I just know (or perhaps think) that it’s supposed to rise when shit like a new wowie-kazowie item like a Nintendo console is revealed. Am I right? Wrong? In the middle? Maybe?