If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Nintendo shares fall following E3 press conference

Investors were not excited about Nintendo's E3 press event

Following its press conference at E3 2012, Nintendo's stock price has tumbled almost 2 percent on the Osaka Stock Exchange. The current share price is 9,120 yen ($115.20/ £74.38), whereas yesterday the share price topped out at 9,400 yen ($118.73/ £76.67) before closing at 9,290 yen ($117.34/ £75.77).

Nintendo's press conference has been criticized for not having original marquee titles, like a Legend of Zelda or a full 3D Mario game. 3DS software was completely absent at the conference except for a single sizzle reel, but Nintendo is expected to go over its 3DS lineup today at 6 PM PDT.

On the other hand, platform rival Sony's stock is currently up 2.58 percent, with a share price on $13.54 (£8.74). Likewise, Microsoft is up 2.10 percent for the day, with a stock price of $29.10 (£18.79) at the time of this writing.

[Image via G4TV]

Tagged With

Author

Mike Williams avatar

Mike Williams

Reviews Editor, USgamer

M.H. Williams is new to the journalism game, but he's been a gamer since the NES first graced American shores. Third-person action-adventure games are his personal poison: Uncharted, Infamous, and Assassin's Creed just to name a few. If you see him around a convention, he's not hard to spot: Black guy, glasses, and a tie.

Comments

More News

Latest Articles