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Nintendo’s Stock is at it’s highest since 2008

By Mitch Walters in Market Research

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According to The Hollywood Reporter, Nintendo’s Nintendo’s market capitalization is now at $49.8 billion (5.56 trillion yen), just ahead of Sony’s current market value of $48.6 billion (5.43 trillion yen). Sony deals in much more than Nintendo, which mainly does hardware and software. Ever since Pokemon GO came out last year Nintendo’s stock has been going up and up and up. Hitting big pockets of success when Pokemon Sun and Moon released, and when the Nintendo Switch first launched. The current stock price is 39,280 yen ($352), making for it’s highest value since 2008, which was the arguably the height of the Wii and Ds era.

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