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Nintendo ranks fourth in rising sell predictions among individual investors: Minkabu survey
Nintendo Co., Ltd. <7974> ranked fourth in "rising sell predictions" as of 11:00 a.m. on the 27th, according to the "Individual Investor Predictions (Latest 48 Hours)" compiled by Minkabu.
In the Tokyo stock market on this day, Nintendo fell for the sixth consecutive session. Concerns over deteriorating profitability due to rising memory prices have been weighing on the stock, which continues to underperform in contrast to the overall market's recent strength. On the 24th, the previous Friday, the stock fell below the key 8,000 yen level. The shares continued to decline today, updating their year-to-date low for consecutive days, which appears to be contributing to the increase in sell predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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