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VIEW EVENT INFORMATION: Niantic |
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Investors Realize Nintendo Didn’t Develop Pokémon Go And Shares plummet |
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About the organization Niantic: Type: Business Sub-Types: Gaming, Gaming Software, Online Gaming, Application Software, Video Gaming, Website, Telecommunication, Telecommunication Software, Networking, Networking Software, Mobile Gaming |
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Notable Organizations: Niantic, Techcrunch |
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Nintendo’s shares plunged after the company said late Friday that the worldwide success of PokĂ©mon Go will not significantly impact its financial results. Nothing Nintendo disclosed about the ownership of the game was new information, but markets were shocked anyway.
The stock sank 18 percent to 23,220 yen at the close in Tokyo, the maximum one-day move allowed by the exchange… |
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