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Nintendo Investors Balk Over Wii U, Shares Drops 5%

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Nintendo jack sparrow chased
Reaction to the Nintendo Wii U at the show floor has mostly been cautiously optimistic, but it seems that shareholders in Japan are taking no chances, jumping ship while they have the chance. Nintendo's stock has hit a seventh-generation low of $212.44 (¥16,970) per share. Such low numbers haven't been seen since the GameCube days.

As distressing as the news might be to some, that doesn't necessarily mean this will be the end of Nintendo's newfound monopoly on console sales. The House of Mario is no stranger to taking huge risks, some of which have worked, while others haven't. In the end, it's just a number, albeit the kind of number that tends to make certain people quite nervous.

Are investors simply being jumpy, or do they have a point? What do you think?


Source: Joystiq.com


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