Nintendo Share Price Plummets 7% Despite Switch 2 Price Hike Amid Production Costs and Lack of Big Games
Nintendo's share price has dropped 7% despite announcing a $50 price hike for the Switch 2, as investors worry about production costs and a barren 2026 game release list. The console has sold 20 million units and 50 million games, but the lack of upcoming big titles, including the next mainline Pokémon game not arriving until 2027, spooks backers. This contrasts with Sony's 10% share price leap, highlighting Nintendo's vulnerability.