Nintendo’s announcement today to partner with Japanese mobile firm DeNA has been well received by investors across the globe, as Nintendo’s stock saw a rise of 29% immediately after the announcement and it continues to rise as sites report the news. Despite no significant product to show, just the announcement of finally joining the mobile revolution has investors excited to see what Nintendo will do now that they’re committed to the space.
Many Nintendo fans seem divided on the issue, with some happy to see Nintendo moving in a new direction, while others lament that Nintendo is conforming to what the market wants instead of being well, Nintendo. Either way, the jump in stock price is good news for Nintendo and if it continues to rise after products are available and well-received, then perhaps mobile isn’t such a bad move for the company after all.