Nintendo hasn’t had the greatest time with this year’s E3 presentation. While going into it fans were certainly hyped for the possibilities, after the presentation many felt that Nintendo had a lackluster show with game content that people aren’t too enthused about.
Whether you agree with that assessment or not, it seems investors are a bit wary of Nintendo as well. After the presentation and in the days following with the internet in an uproar over Metroid and more, Nintendo’s stock price declined significantly. You can see on Tuesday the stock rose, but on Wednesday after the presentation, it dropped off a cliff.
To contrast that, when Nintendo announced its mobile plans, their stock prices jumped up by 30% and continued to rise.
