Business

Nintendo Stock Plummets on Sales Forecast

Updated 2026-05-11 10:00 UTC 2 sources Negative

Nintendo's stock fell by 8% after the company issued a weak sales forecast for its Switch 2 console, citing higher prices and lower-than-expected demand.

Coverage timeline — 2 articles
CNBC
Investors are concerned about Nintendo's outlook of lower Switch 2 sales in the current fiscal year, driven by price rises for the console.
2026-05-11 09:45 UTC
MarketWatch
China may allow its currency to succumb to upward pressure as part of its trade negotiations with the U.S. The renminbi is cheaper than it has been for several decades, according to GS forex strategists
2026-05-11 09:55 UTC
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