Nintendo stock shares have risen 8.3%, as reported by Bloomberg. The stock surge is the strongest since March 19th, which was caused by their announcement to make mobile games. The current surge is credited to their return to profitability in the last fiscal quarter, which in turn is credited to the strong sales of Splatoon and a weaker Japanese yen. Strong Amiibo sales and the continuing excitement over Nintendo’s mobile partnership with DeNa are other factors in Nintendo’s rising stock. As Nintendo prepares to launch their Fall Wii U games and prepares for the NX’s incoming release, the recent rebound in stock is surely comforting to them as well as their fans.
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