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Nintendo Shares Fall as Sony’s Rise

by on June 6, 2012
 

Nintendo-Shares-Fall-as-Sony's-RiseIt’s not just the eyes of the gaming world that turned to E3 this week, the financial markets have been watching intently too.

Nintendo’s E3 conference although not disastrous, wasn’t fantastic. Media and gamers alike had expected big game reveals to dominate the presentation given how close the Wii U is launch, sadly this was not the case and Nintendo’s shares felt the consequences.

The Japanese stock market reported a drop of 2.68% for Nintendo; however it’s not all doom and gloom for Japan’s gaming industry as Sony’s stock rose 2.14%.

Ubisoft’s incredible line-up also boosted investor confidence with shares up 5% on yesterday. There financial impact E3 can have on the companies that attend, shows just how important the expo is but shares aside, who impressed you this year?